Valuation of Mineral Projects Based on Technical and Financial Modelling


كود البرنامج :


Course Aim and Structure

Market turbulence significantly affects the mining industry. While the intrinsic value of a mineral project is still a key consideration, understanding the interrelationship between technical and financial risk to truly understand the long term value of an asset, helps companies make better investment (or divestment) decisions. Companies that are able to secure debt finance for both development and acquisition of advanced projects have greater strategic flexibility. 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. The Valuation of Mineral Projects course is designed to address these issues.

 

This course is for professionals with a basic to intermediate understanding of the principles of the accounting cash flow model that wish to gain expertise in quantitative finance in the context of mining. Actual operating mine valuations are a central focus of the course. To gain the most out of the course, attendees should have had some exposure to the technical aspects of minerals and mining.

 

Attendees are expected to have their own laptop computers available for this course. Workshop sessions are an integral part of the course delivery. Use will be made of the IC-MinEval software, which automates the generation of Excel™-based spreadsheets to produce models for a wide range of mineral projects. These models can be used independently of the software once the course is completed.

 

At the end of the course, attendees will:

 

Know how to build a financial model using realistic assumptions and inputs such as a rate of production appropriate to the size of the resource, and associated capex and opex costs using CostMine data.

Understand the circumstances in which it is appropriate to set up models based on a straight discount rate basis vs a model that includes debt (in the latter case the approach to determining the appropriate level of debt will be explained).

Be able to analyse the financial performance indicators generated by the IC-MinEval software outputs and indicate the valuation that could be placed on the asset based on the output.

Be able to undertake a sensitivity analysis on key technical and financial variables. Particular attention will be given in the course to why sensitivity on variables such as mining dilution should not be considered.

Appreciate the role of financial models in identifying those technical variables that have the greatest impact on financial performance and then back-engineering that to the corresponding technical risk.

Have worked through a variety of case studies that are based on real projects.

This course is characterized by dynamic interaction between presenter and delegates that promotes inter-delegate professional dialogue.

 

Previous courses presented in Vancouver, London, Johannesburg and Stockholm have received wide participation from major finance and mining companies, providing an opportunity to bring together professionals with common concerns in this area.

التخصصات المستهدفة :

Mine Financing Investing Financial Modelling Valuation Mineral Project Base Metals Precious Metals Commodity Prices Extractive Industry Finance Extractive Metallurgy Feasibility Studies Financial Engineering Financial Services Gearing Optimization Geostatistics Investment Performance Indicators Energy Project Appraisal Mineral Economics Mineral Reserves Mineral Resources Minerals Mining Petroleum Engineering Petroleum Extractive Industries Mining Methods Natural Resource Projects Petroleum Fiscal Modelling Quantitative Finance Real Option Valuation Resource Evaluation Technical Risk

الفئات المستهدفة :

mining analysts asset managers bankers engineers responsible for development planning exploration managers specialists in the valuation of mineral projects government officials
كود الإنعقاد إسم الدورة مكان الإنعقاد ميعاد الإنعقاد شهر الإنعقاد الربع السنوى دولة الإنعقاد التسجيل
ME-1-6 Valuation of Mineral Projects Based on Technical and Financial Modelling كوالالمبور 2019-02-10 February الأول ماليزيا
ME-1-16 Valuation of Mineral Projects Based on Technical and Financial Modelling الإسكندرية 2019-04-21 April الثاني جمهورية مصر العربية
ME-1-25 Valuation of Mineral Projects Based on Technical and Financial Modelling جدة 2019-06-23 June الثاني المملكة العربية السعودية
ME-1-31 Valuation of Mineral Projects Based on Technical and Financial Modelling القاهرة 2019-08-04 August الثالث جمهورية مصر العربية
ME-1-42 Valuation of Mineral Projects Based on Technical and Financial Modelling دبي 2019-10-20 October الرابع الإمارات العربية المتحدة
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling شرم الشيخ 2019-12-22 December الرابع جمهورية مصر العربية

كود الإنعقاد إسم الدورة مكان الإنعقاد ميعاد الإنعقاد دولة الإنعقاد التسجيل
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling القاهرة جمهورية مصر العربية
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling دبي الإمارات العربية المتحدة
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling جدة المملكة العربية السعودية
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling شرم الشيخ جمهورية مصر العربية
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling كوالالمبور ماليزيا
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling الإسكندرية جمهورية مصر العربية
ME-1-51 Valuation of Mineral Projects Based on Technical and Financial Modelling اسطنبول تركيا