Mine Planning – Strategy

The drive to exploit a mineral resource, such that it adds as much value as possible to the mining business, requires a continual update of the mine plan and the rapid implementation of any value-adding opportunities as they arise.

This webcast introduces participants to financial and economic concepts such as net present value and economic theory, and how these apply to mining versus other traditional industries.

The participants will then learn about 5 key technical levers in mining that can be used to evaluate avenues for creating additional value by generating alternative mine plans while incorporating the time value of money. The impact of pulling these levers will be shown through worked examples.

On completion of the course, participants will be able to recognize and understand the importance of the 5 key technical levers in mining that can effectively unlock value from mining projects.

Mining method selection
Process route selection
Scale of operation
Sequence and scheduling
Cut-off grade policy
This course requires participants to undertake numerous calculation-based exercises to effectively demonstrate the impact of each of the key levers that will be addressed. All participants will be provided with template/pre-filled Excel spreadsheets to minimize time spent on data entry. Good knowledge of Excel is therefore required.