Kursinnehåll

The Mining Economics MOOC teaches the business basics of mining – from the valuation of a deposit to reserve calculation and investment calculations to financing and risk analysis. Based on a consistent guiding question – What makes a mining project economically feasible? – topics such as cut-off grade, cost analysis and case studies are worked on in 10 units in a practical way. The course is aimed at students from a wide range of disciplines and does not require any in-depth previous knowledge of economics.

Lärandemål

On completion of this course the participants shall be able to:

• Perform simple financial analysis of mining related projects.
• Analyze elemental factors of production for a mining company.
• Contrast official standards for reserves and resources reporting.
• Describe basics of the mine valuation process.

Förkunskaper

Previous knowledge of economics is helpful, but not mandatory. The course is also accessible without in-depth previous knowledge of economics, but basic mathematical knowledge and an interest in mining/raw materials are an advantage.

Kursplan

The course is held in 10 weeks or units. Videos and further materials as well as a self assessment for reflection will be published for each unit.

For actively participating in the course you will receive an automatic certificate which includes your name, the course name as well as the completed units. We want to point out that this certificate merely confirms that you answered at least 75% of the self-assessment questions correctly.

This work by Montanuniversität Leoben is licenced under CC BY 4.0.

Ytterligare information

The course is used as blended MOOC in connection with courses at the University of Leoben. For the successful completion of the course, a total of 2 ECTS can be received in course 200.001 and module 200.301 when uploading the certificate.