Mining Economics Course
Master mining economics through constructing a 15-year cash flow model for copper-gold projects, valuing investments, modeling royalties and taxes, assessing risks, and deriving clear NPV and IRR insights to support assured investment choices in mining.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This Mining Economics Course equips you with essential tools to confidently assess copper-gold mining projects. You will construct a 15-year cash flow model, calculate CAPEX and OPEX, choose appropriate commodity prices, and accurately incorporate taxes and royalties. Additionally, explore key project value factors, perform sensitivity analyses, and develop robust, board-level recommendations suitable for resource-abundant areas.
Elevify advantages
Develop skills
- Mining cash flow modeling: build consistent real and nominal project cash flows.
- Discounted cash flow analysis: set mining discount rates and interpret NPV, IRR.
- Royalty and tax modeling: apply mining royalties, depreciation and corporate tax.
- Cost and revenue estimation: benchmark CAPEX/OPEX and convert prices to revenue.
- Risk and scenario analysis: run sensitivities and craft board-ready recommendations.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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