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Fundamentals of Mineral Resource Estimation & Valuation of Mineral Projects

Johannesburg | Date: TBC

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Introduction

A comprehensive and up to date training course that will prepare and equip you with the necessary knowledge and techniques to accurately estimate and evaluate mineral resource based on practical methods that has been proven worldwide. Mineral Resources and their subsequent conversion to Ore Reserves are of key importance to mining companies. Their reliable estimation is critical to both the confidence in a feasibility study, and also to the day-to-day operation of a mine. Any company expecting to make sound investment or operational decisions must base the resource estimation on both relevant and reliable information.

Accreditation

This course is non-accredited.

  • The workshop is aimed at professionals who are interested in discussing the real-world application of resource estimation techniques. Using little or no mathematics, we will discuss case studies involving interpretation of everyday questions in mineral resources estimation. Presentations will explain the underlying assumptions of resource estimation, the techniques currently used in the real world, the advantages and limitations of such techniques and the decision processes which underlie a successful resource or reserve estimation.

    Based on the mineral resource’s estimation a valuation of mineral project will be introduced. This aim to address the and understanding the interrelationship between technical and financial risk to truly understand the long- term value of an asset. This will help delegate to make a better investment (or divestment) decision, secure debt finance for both development and acquisition of advanced projects. Understanding how debt impacts the valuation of projects allows for an objective approach to determining levels of gearing; this is relevant to both the investment banking and mining communities.

This workshop runs for 3 days

Training times can be arranged accordingly in order to cater for the client’s needs.

Available on request.

  • Process Superintendents
  • Process Engineers
  • Metallurgical Managers
  • Minerals Processing Engineers/ Technician
  • Mine/ Mineral Plant Engineers

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