The Business of Mining
Curtin University via edX
Overview
Mining underpins much of our technology and industries as well as modern society in general. A successful mine should be run efficiently and responsibly from exploration through to closure, with sound economic management every step of the way. In this course you’ll examine the business aspect of mining, focusing on the life cycle of a gold mine and discovering the technical and economic issues that affect the exploration, planning, operation and closure of a large-scale mining project.
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Syllabus
Module 1: Exploration
Analyse geophysical surveys and geochemical data. Conduct exploratory drilling and try your luck at striking gold. You may find something, but are the market conditions in your favour?
Module 2: Mine Planning
What infrastructure will you build to run your mine? Will you use a local workforce, or a fly-in/fly-out model? What are you planning to do with your mine waste? Can you pay for all of this and still make a profit?
Module 3: Operation
Drill, blast and muck. Process your ore and recover as much gold as you can. Sounds pretty simple, until the gold price takes a tumble and suddenly your mine plan needs adjusting.
Module 4: Closure and Post-closure
Nothing lasts forever, particularly in mining. Eventually you're going to run out of gold, or the market will change and your profit margin will disappear. How will you ensure you leave a safe, rehabilitated site?
Taught by
Steve Hall
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Reviews
2.8 rating, based on 5 reviews
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Patrick Mathe completed this course, spending 2 hours a week on it and found the course difficulty to be easy.
Excellent course for someone who heard about mining, but never knew what mining business was all. Suitable even for someone who is in the business or at the point of changing career. Structured, appealing, and Concise. -
Adam Khan
Adam Khan completed this course, spending 2 hours a week on it and found the course difficulty to be easy.
Course was a very basic primer on the the simple global concepts related to a mining site. The course material appeared almost as if it were a marketing product. -
Zaheeruddin Choudhry
Zaheeruddin Choudhry completed this course, spending 2 hours a week on it and found the course difficulty to be medium.
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