Module Description: Provides an overview of the capital, operating and closure costs required for studies and project evaluations. Methods of costs estimation are presented and the associated project risks are discussed.
Module Learning Outcomes:
Describe the principal types of project costs: Initial Capital, Operating, Sustaining Capital, Closure
Explain the difference between various estimating methods
Identify when to use various estimating methods
Recognize and describe the principal cost components in an estimate or economic evaluation
Determine the appropriate method of cost estimation for different levels of studies
Comment on the quality and risks of different cost estimates
Module Description: An overview of metal leaching/acid rock drainage, and the when, how, and whys to begin to plan preventative measures at the exploration stage.
Module Learning Outcomes:
Explain the basics of metal leaching and acid rock drainage
Identify management strategies for mine waste risk in different stages in resource development
Module Description: Introduces the mining industry structure and financing options from an exploration stage perspective. Provides an overview of the topics expanded upon in the Economics & Finance Course.
Module Learning Outcomes:
Describe the roles (explorer, developer, and producer) of mining companies at different levels and sizes
Explain the general differences between financing methods and whom they apply to
Module Description: Provides an overview of mineral exploration strategies and why mineral exploration is required. Greenfield and brownfield exploration and the role of major and junior companies in exploration will be discussed.
Module Learning Outcomes:
Explain considerations and activities for green field exploration properties up to the discovery of potentially significant mineralization
Describe the exploration cycles for the purposes of public disclosure of exploration results and implications
Identify and select a market sector and commodity.
Understand the typical progress for selecting an exploration strategy for a junior mining company
Explain at what stage mining exploration programs occur in the mining life cycle
Module Description: Introduces mineral exploration sequences and different exploration methods including geophysical and geochemical methods and exploration drilling.
Module Learning Outcomes:
Understand the typical sequence of steps that are followed when carrying out an exploration program.
Understanding the decision process for the selection of a mineral property.
Describe the environmental and social considerations at the exploration stage.
Describe different methods that are used in mineral exploration
Module Description: An overview of Mineral Resources and Mineral Reserves (MRMR) – the history and important terminology used in the remaining modules for disclosure.
Module Learning Outcomes:
Explain the importance of associations, standards, and codes
Define important International and National MRMR Standards that are necessary for disclosure
Outline where to find additional resources for future reporting and disclosure
Module Description: The second part of this module will delve deeper into techniques for analyzing exploration data, and approaches to expressing that analysis through modeling.
Module Learning Outcomes:
Explain the contents of a clean Mineral Resource Database (MRD)
Module Description: Once we’ve got a resource, how do we turn it into a reserve? This module provides an overview of what factors are considered in establishing reserves and how to quantify them. An explanation and example for calculating cut-off grade is also provided in this module.
Module Learning Outcomes:
Explain key terms related to Resources and Reserves
Understand the limitations of Mineral Reserve Statements
List and apply Modifying Factors considered in converting Resources to Reserves
Understand the definition of Ore and the Concept of Cut-Off
Describe key steps in the Reserves Estimation Process (linear and parallel processes)
Module Description: Taught from the regulator’s perspective, this module will cover the important rules of disclosure, discuss liability, and provide cautionary notes and red flags to avoid.
Module Learning Outcomes:
Explain how mining is regulated in Canada and list the main rules
Describe principles of National Instrument 43-101 and the Mining Disclosure Rule
Utilize the form 43-101 F1 to produce technical reports
Utilize CIM Best Practices, avoid pitfalls, and identify red flags