Mining Economics Course 2022

In a challenging mining industry, it is very important to identify the uncertain variables and explore ways to minimize the downside risk and to maximize the upside potential.

The advance probabilistic analysis is essential to understand the influences and dynamics of project economics concerning the mining industry becoming imperative for anyone undertaking the development of a new resource project.

SIPmath tool, free licensed software from probability management.org facilitates the development of stochastic spreadsheet applications. This software can quickly create interactive Monte Carlo simulations in Excel, in which thousands of trials are run before the user’s finger leaves the <Enter> key.

Based on the recently published book and using the SIPmath tools, this specially designed 3-day cutting edge course aims to provide a solid understanding of the latest valuation and risk analysis in mining projects for an improved investment decision.