MIME 325. Mineral Industry Economics.
Credits: 3
Offered by: Mining & Materials Engineering (Faculty of Engineering)
This course is not offered this catalogue year.
Description
Geographical distribution of mineral resources. Production, consumption and prices of minerals. Market structure of selected minerals. Economic evaluation aspects: grade-tonnage considerations; capital and operating cost estimation; assessment of market conditions; estimation of revenue; taxation; sensitivity and risk analyses; economic optimization of mine development and extraction.
- Prerequisite: MIME 310
- (3-2-4)
- Prerequisite: FACC 300.