Mining Economics

This half-semester course reviews basic financial mathematics and introduces the concepts of discounted cash flows, rate-of-return, sensitivity and risk analyses. Evaluation of equipment replacement alternatives, including “buy versus lease” and the effects of taxation and capital expenditure depreciation on mine project cash flows are also discussed. 

 

Note: Check with the institution regarding start/end dates, prices, and delivery method. These may vary according to program, section, and/or semester.