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EA5024 - Business and Financial Management in the Minerals Industry

[Offered in even-numbered years]

Credit points: 6
Year: 2012
Student Contribution Band: Band 3
Administered by: Sch of Earth & Environmental Sciences

Available to students enrolled in MAppSc Mining & Exploration Geology, National Geoscience Masters in Economic Geology and Graduate Diploma of Science in Economic Geology.

Mining in the national economy, managing people, teams,communication, negotiation and leadership, discounted cash flow analysis, valuation of mines and prospects, understanding corporate financial statements, using DCF and financial statements in risk and sensitivity analysis, financing methods, operations management using exploration as example, planning, developing business strategies, selection of business entity, raising capital, IPO's, legal issues and management, business management in context of local and global commercial and political context of resources industry, case histories.

Learning Outcomes

  • a sound grasp of the principles of financial management in the resource industry;
  • awareness of the important factors to consider in establishing and running resource projects;
  • ability to analyse financial problems of resource projects.

Graduate Qualities

  • The ability to adapt knowledge to new situations;
  • The ability to define and to solve problems in at least one discipline area;
  • The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
  • The ability to deploy critically evaluated information to practical ends;
  • An understanding of the economic, legal, ethical, social and cultural issues involved in the use of information;
  • The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
  • The ability to manage future career and personal development;
  • The ability to read complex and demanding texts accurately, critically and insightfully;
  • The ability to speak and write clearly, coherently and creatively;
  • The ability to generate, calculate, interpret and communicate numerical information in ways appropriate to a given discipline or discourse;
  • The ability to communicate effectively with a range of audiences;
  • The ability to lead, manage and contribute effectively to teams;
  • The ability to work individually and independently.
Inadmissible
Subject
Combinations:
EA5004

Availabilities

Townsville, Study Period 3, Block
Census Date 02-Feb-2012
Face to face teaching 06-Feb-2012 to 17-Feb-2012
Coordinator: Professor Tom Blenkinsop
Workload expectations:
  • 110 hours
Assessment: end of course exam (50%); assignments (25%); practicals (25%).
Restrictions: An enrolment quota applies to this offering.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.