Mining Project Valuation and CAPEX/OPEX Cost Estimation

Mining project valuation requires the integration of technical, financial, environmental, regulatory, and risk-based assumptions into a coherent decision model. A mining project may appear attractive from a geological or production perspective, but its true viability depends on capital requirements, operating costs, metal price assumptions, financing conditions, taxes, environmental liabilities, closure obligations, and uncertainty. This program provides a structured applied learning pathway for mining engineers, project evaluators, finance teams, cost estimators, project managers, and investment analysts. Participants will learn how to apply valuation methods such as discounted cash flow, comparable transactions, valuation multiples, real options, and flexible valuation approaches. The course explains how forecasting and finance assumptions, including metal prices, equity, debt, streaming arrangements, taxation, depreciation, and mining-specific accounting issues, affect project economics. It also covers practical approaches to estimating operating costs across equipment, energy, fuel, consumables, labour, maintenance, overhauls, and administrative expenses. Environmental and closure cost modules help participants understand how compliance, monitoring, tailings, rehabilitation provisions, closure liabilities, and post-closure obligations influence project value. Risk and uncertainty modules focus on contingency, sensitivity analysis, scenario analysis, and the integration of capital and operating costs into a complete financial model. This program is ideal for professionals who need to prepare, review, or challenge mining project valuation models with stronger transparency and decision usefulness.

Participants will achieve the following objectives by this course:

This program targets a professional audience seeking to improve knowledge and skills:

• Discounted cash flow and mining project valuation logic.

• Comparable transactions, valuation multiples, and real options.

• Metal price assumptions, forecasting, equity, debt, and streaming.

• Taxation, depreciation, and mining-specific accounting considerations.

• Operating cost estimation for equipment, energy, fuel, consumables, and labour.

• Maintenance, overhauls, general administration, and unit cost assumptions.

• Capital cost integration and scope-based cost estimating.

• Environmental monitoring, compliance, tailings, rehabilitation, and closure costs.

• Contingency allowances, sensitivity analysis, and scenario analysis.

• Full financial model integration and investment decision support.

• Prepare transparent valuation assumptions for mining projects.

• Estimate key CAPEX and OPEX components.

• Integrate environmental, regulatory, and closure obligations into project models.

• Use valuation methods to compare project alternatives.

• Test uncertainty through sensitivity and scenario analysis.

• Interpret net present value and cost impacts clearly.

• Identify project risks that influence financial outcomes.

• Communicate valuation results and assumptions to stakeholders.

• Professional instruction supported by mining valuation examples.

• Applied case studies from feasibility and investment evaluation contexts.

• Practical discussions on valuation methods and cost assumptions.

• Operating and capital cost estimation exercises.

• Environmental and closure cost integration discussions.

• Sensitivity and scenario analysis exercises.

• Group review of uncertainty, contingency, and valuation results.

• Development of practical project decision recommendations.

This training program is delivered over five intensive training days in a professional applied format, combining technical instruction, applied case studies, valuation method review, financial assumption development, operating and capital cost estimation, environmental and closure cost integration, contingency planning, sensitivity analysis, scenario testing, and investment recommendation development for mining project decisions.