Jul 5th 2016

The Business of Mining (edX)

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Learn the theory behind running a mine and see if you've got what it takes to explore, plan, operate and close a mining operation. Mining underpins much of our technology and industries as well as modern society in general. A successful mine should be run efficiently and responsibly from exploration through to closure, with sound economic management every step of the way.

In this course you’ll examine the business aspect of mining, focusing on the life cycle of a gold mine and discovering the technical and economic issues that affect the exploration, planning, operation and closure of a large-scale mining project.

By the end of this course you will be able to:

- Discover how new mineral deposits are found and examine the economic factors that govern their development.

- Plan the complete life cycle of a mine, from initial infrastructure requirements through to operation, closure and rehabilitation.

- Experience the 'living plan' of a mine and see how extraction and processing of minerals is constantly adjusted to suit market conditions.

- Investigate how economics and market forces influence the decision to close a mine.