The course Financial management and decision-making in the mining industry It offers you the opportunity to gain an insight into a key sector of the global economy, which is currently booming and experiencing growing demand for labour. You will learn to master the specific financial aspects of the mining industry, manage a mining company efficiently and develop the skills to draw up a mining business plan solid. Through this online training programme, you will acquire the key skills needed to make strategic financial decisions that will drive the success of any mining project. This course is ideal for those who wish to stand out in a competitive and constantly evolving industry, enabling you to become an indispensable professional for the sustainable growth of the sector.
Financial Management and Decision-Making in the Mining Industry
Mining Management, Regulation and Markets
40 hours
Introduction
Objectives
- To understand key financial concepts as they apply to the mining sector, with a view to making effective decisions.
- Identify essential financial management tools for optimising resources within a mining company.
- To develop a sound mining business plan that takes into account the challenges and opportunities facing the sector.
- Assess financial decisions based on cost-benefit analyses to improve profitability.
- Implement financial strategies to maximise the value of the mining company and ensure its sustainability.
- Analyse the financial impact of mining investments and projects from a strategic perspective.
- To incorporate financial expertise in order to improve the operational efficiency and competitiveness of the mining business.
Table of Contents
TEACHING UNIT 1. FINANCE FOR MINERS
1. The importance of financial management in the mining sector
2. The finance function from the perspective of the mining sector
3. Financial statements: Balance sheet, Income statement (profit and loss account)
4. Performance analysis: Liquidity, solvency, efficiency and profitability
5. Financial ratios and stock market indicators
TEACHING UNIT 2. FINANCIAL MANAGEMENT OF A MINING COMPANY
1. The mining cycle and its financial alternatives
2. Cash Management and Investment Decisions
3. Financing Decisions: Short-term and long-term
4. Valuation of mining companies and projects
5. Financial risk management
TEACHING UNIT 3. THE MINING BUSINESS PLAN
1. Structure of a Business Plan
2. Components of a Cash Flow Statement
3. Preparing a Cash Flow Statement
4. Determining the Initial Investment
5. Considerations regarding feasibility studies
TEACHING UNIT 4. FINANCIAL DECISIONS
1. Decision-making process
2. Decision-making model
3. Determining Indicators for Financial Decision-Making
4. Economic and financial evaluation of projects
5. Case study: Evaluation of the business plan
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