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FormulasEvery calculation of the course on one page.GlossaryThe terms of mining and finance, with flashcards.CalculatorsProject NPV, streams, accretion and grade, each on a worked example.HistoryHow mines were financed, from Laurion to today.

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Glossary / JORC

Mining finance glossary

JORC

In French: code JORC

The Australian code for reporting exploration results, resources and reserves.

Where the course uses it

Module 2: Resources and reserves
Module 3: Reading a technical report

Practise with flashcards All terms

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A course in mining M&A and finance, from first drill hole to closing.

For learning only. Rounded figures, simplified models. Not investment advice.

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The mining finance course

The life cycle of a mine
Resources and reserves
Reading a technical report
Metal markets
Valuing a mine
Building a mine model
Funding a project
Due diligence
The M&A process
Risk and jurisdiction
Case study: Newmont and Newcrest
Case study: Glencore and Xstrata
Case study: Barrick, Randgold and Nevada
Case study: BHP and Anglo American
Case study: Anglo American and Teck

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