Upon successful completion of the course, students should be able to:
Evaluate a mineral resourse using different drill hole interpretation techniques
Determine the amount and grade of an ore reserve using conventional and geostatistical methods.
Create variograms of ore grades and thickness
Create ore reserve block models and make ore grade estimations using software packages.
Draw cash flow diagrams and find present value of an investment
Measure the worth of an investment and compare different investment alternatives
Make depreciation, depletion and tax analysis of investments
Make break-even and sensitivity analysis of investments