MIN E 408 - Mining Enterprise Economics

★ 3 (fi 8)(EITHER, 2-0-2)

Fundamentals of economic evaluation. Cost estimation, commodity price modelling and revenue forecasts and taxation related to mine development. Economic evaluation of mining ventures, profitability, risks and uncertainty analyses. Commodity markets and mine management strategies. Weekly laboratory/tutorial sessions will address case studies and specific problems. Prerequisites: ENG M 310 or 401, and STAT 235.