MAD 512E - Economic Analysis in Mining

Course Objectives

Economic analysis of mine investment
Evaluation of the mine construction management phases
Development of organization and cost control systems

Course Description

Difference between Mining Industry and Other Industries, Classification and definition of natural sources, Reserve Definition and Classification, Organization in Mining, Introduction to project management, activity definition, critical path method, Cost of the projects, Economical Evaluation of Mining İnvestments (Net Present Value, Internal Rate of Return, Payback Period, Profitability Ratio, Other Techniques).