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Jun 01, 2020
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MINE 330 Mineral Industry Economics W | 3.5
Lecture: 3
Lab: 0
Tutorial: 0.5
This course for students in Mining Engineering and allied disciplines will apply basic principles of economic evaluation learned in APSC 221 to the minerals industry. Topics covered include: the project definition and economic evaluation process; economic analysis tools and techniques; taxation; inflation; cost estimation; the nature of mineral supply and demand; mineral commodity markets and pricing; uncertainty and risks associated with the mining industry, their analysis and incorporation into the evaluation process. Assignments, examples, and tutorials reflect a variety of situations and challenges faced in the evaluation of exploration and mine development opportunities, as well as important applications to mining and mineral processing design and decision-making.
Academic Units:
Mathematics 0
Natural Sciences 0
Complementary Studies 42
Engineering Science 0
Engineering Design 0
PREREQUISITE(S): APSC 221 , must be enrolled in Mining Engineering or they must have or the permission of the instructor (or department)
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