Cash Flow Evaluations for Mineral Projects and Operations

During this two-day course, participants will become familiar with the concepts of a cash flow and discounted cash flow (DCF), as well as their application to mineral projects.

The course is structured as an interactive working session, in which the instructor and participants will work together to develop a working cash flow evaluation model, step-by-step. (A laptop computer with MS Excel and a working knowledge of Excel are prerequisites for the course.)

By the end of the course the participants will have developed: a working cash flow model suitable for the evaluation of a new project; an understanding of DCF evaluation metrics; an understanding of discount rates and the time value of money; an evaluation of a steady-state operation; an evaluation of an expansion project; an evaluation of a cost flow to choose between several operational alternatives; and a sensitivity analysis with tables and graphs.