BRIMM 101: Introduction to Mineral and Exploration Economics

After completing this course, the participants will be able to: - Understand goal posting vs. a single target - Understand emotional vs. qualitative vs. quantitative decision-making - Understand how sustainability ties into all decision-making - Appreciate various stages, and their economic impact on the mining value chain - Apply basic methodology to determine if an ore body or project is economic, and identify areas that need further review - Discuss real options at various stages of the mining value chain - Apply the “best-case-worst-case” decision-making framework - Understand the economic drivers in mineral processing operations - Discuss major sustainability drivers in the mining value chain, and how they relate to economic drivers - Be exposed to modeling as a tool for decision-making, considering economic and sustainability impacts.