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MIME 325. Mineral Industry Economics.

Credits: 3
Offered by: Mining & Materials Engineering (Faculty of Engineering)
Terms offered: Winter 2027
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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.
  • (3-2-4)
  • Prerequisite: FACC 300.

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