Introduction to Mining and Mining Finance - Online course

Use will be made in the workshop sessions on Days 4 and 5 of the IC-MinEval software, an Excel™-based spreadsheet programmes automating all stages required to produce models for a wide range of mineral projects. IC-MinEval produces a Balance Sheet, and Profit and Loss account from the cash flows, with tax provisions linked to the Profit and Loss Account. The cost of debt is calculated, as is the weighted average cost of capital and the cost of equity. Output modules include the base case discount cash flows, as well as key financial ratios and performance indicators such as NPV, IRR payback and maximum cash exposure. Sensitivity analysis can be undertaken on key variables.

Delivery of IC-MinEval functionality for delegates participating in Days 4 and 5 will be from the Imperial College Software Hub. DLB can navigate IC-MinEval-based modelling by merging the workbook with the Team Meeting.  Delegates can access the Software Hub independently, separately and simultaneously on their laptops or PCs.

The course aims to provide guidance on key technical issues that affect the sector and can help assess and rank the opportunities in the mining investment.  Imperial College London has a long established reputation for delivering authoritative courses to the sector, through its ­continuing professional development activities in mining ­appraisal and finance.  This course aims to enhance an understanding of the business of mining.

Using Remote and Multi-Mode delivery, the course blends pre-recorded material with real time delivery to delegates using Microsoft Teams, allowing for interactive and engaging sessions. 

In addition, Pre-recorded presentations of key lectures will be available for delegates to review in advance of the course. During the live sessions, the recordings will be discussed with tutorials, so they are essential viewing.  Delegates will be provided with the suite of PowerPoint slides used and a digital copy of the book 'Metals and Energy Finance' will be provided - Please click here to view the book.

Live sessions:

Delegates will be enrolled on the dedicated Team through the Microsoft Teams application. You will therefore require MS Teams which is part of Office 365. 

Teaching will be delivered over 3 or 5 days with each live session starting 13.00 UK time and lasting four hours (upto 24 contact hours in total). The PowerPoint presentations used in the recordings will be loaded onto the “Files” folder on the relevant Team Channel.

All Live sessions will be recorded and made available to registered delegates after each day.

The course is designed to offer distance learning to mining geologists, mining engineers and mineral process engineers as well aiming to broaden knowledge beyond their particular areas of expertise. It will also be of interest to support staff on active mining operations as well as those in International Development and Government, Financial Services and Commodity Trading and Consultants and Advisors involved in the minerals industry.

Pre-Recordings: Approx 5 hours

Key lectures for some of the sessions will be pre-recorded and all delegates will be expected to review these in advance, allowing faster delivery of the Live Teams sessions and a focus on those aspects that benefit most from interaction.

Edumine online learning: Approx 10 hours (Optional)

In advance of the course delegates will be enrolled onto Edumine’s “An Introduction to Modelling Metal Project Finance” online course which serves as an introduction to the critical issues associated with the debt financing of mining projects.