Course curriculum

  • 1

    Introduction to the Mining Industry

    • Welcome

    • Course introduction

    • Downloadable files

    • Mining life cycle - types of assets

    • Technical reports

    • Reserves and resources

    • Key terms and definitions

    • Key financial concepts

  • 2

    Valuation Metrics

    • Net present value (NPV)

    • P/NAV ratio

    • P/CF ratio

    • EV/Resource ratio

    • Total acquisition cost (TAC)

    • Quiz

  • 3

    Financial Model - Assumptions Section

    • Introduction

    • Model layout and structure

    • Conversion rates

    • Metal prices

    • Production schedule

    • Reserve and resources

    • Mill capacity, royalties, and payability

    • Operating costs

    • Capital costs

    • Working capital and discount rate

    • Quiz

  • 4

    Financial Model - Mining Section

    • Introduction

    • Mining schedule

    • Mining schedule - continue

    • Milling schedule

    • Quiz

  • 5

    Financial Model - Financial Statement Section

    • Introduction

    • Revenue and royalties

    • Operating costs

    • Capital costs and all-in costs

    • Operating profit

    • Net income

    • Changes in working capital

    • Quiz

  • 6

    Financial Model - DCF Valuation

    • Introduction

    • Free cash flow

    • Discount factor

    • NPV and IRR

    • Payback

    • Quiz

  • 7

    Sensitivity Analysis

    • Introduction

    • Break-even

    • IRR data table

    • NPV data table

    • Quiz

  • 8

    Summary Charts & Graphs

    • Free cash flow chart

    • Cumulative FCF / break-even chart

    • Production chart

    • Quiz

  • 9

    Completed Model & Case Study

    • Completed model and extra case study

    • Summary

  • 10

    Qualified Assessment

    • Qualified assessment

    • Share Your Feedback

    • Course Completion