Curtin University is pleased to be announcing Free Online Course on the Business of Mining. The course will provide how to learn the theory behind running mine and see if you’ve got what it takes to explore, plan, operate and close a mining operation.
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. This course will start on April 7, 2019.
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Course At a Glance
Length: 4 weeks
Effort: 1-2 hours pw
Subject: Business & Management
Institution: Curtin University
Certificate Available: Yes, Add a Verified Certificate for $99USD
Session: April 7, 2019
Curtin University is Western Australia’s largest and most culturally diverse university, with more than 56,000 students from over 130 countries. As a world-class, internationally focused institution, Curtin’s mission is to change minds, lives and the world through leadership, innovation and excellence in teaching and research.
About This Course
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.
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.
Module 1: Exploration
Analyze 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 favor?
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?
By the end of this course you will be able to:
- Discover how new mineral deposits are found and examine the economic factors that govern their development.
- Plan the complete life cycle of a mine, from initial infrastructure requirements through to operation, closure, and
- Experience the ‘living plan’ of mine and see how the extraction and processing of minerals are constantly adjusted to suit market conditions.
- Investigate how economics and market forces influence the decision to close a mine.
- Felix is currently an Associate Professor in the School of Economics and Finance, Curtin University and a Fellow of the Modelling and Simulation Society of Australia and New Zealand.
- Steve Hall is a leading Australian academic in mining education.
- Bryan Maybee is a Senior Lecturer and Research Associate with the Centre for Exploration Targeting (CET).
- Professor Packey is the Director of the Master of Science in Mineral and Energy Economics at Curtin University.
How To Join This Course
- Go to the course website link
- Create an edX account to SignUp
- Choose “Register now” to get started.
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