Learn about arguably the most important tool used for assessing the viability of a mining project: the financial model. The financial model “tells the story” of the mine from its construction phase, through to production, and then to eventual closure. The material in this mini course will teach you about:
Constructing the process-flow of a project, from construction, ramp-up, steady-state, and eventual decommissioning;
Demonstrating knowledge of the main drivers of costs and profitability for a project;
Demonstrating knowledge on how to evaluate optimal debt levels for a project;
Demonstrating knowledge of the debt service cover ratio (DSCR) and loan life cover ratio (LLCR);
Demonstrating knowledge on cashflow waterfalls and seniority of funders;