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Online Course

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.

The Business of Mining has recently won the Best in Class in the University category of the Interactive Media Awards in the USA. The judging criteria included design, content, feature functionality, usability, standards compliance and cross-browser compatibility.

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

Start your review of The Business of Mining

  • 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.
  • Profile image for Adam Khan
    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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