Explore value maximisation and de-risking mining projects through good strategic decision making and high performance, exploring both key drivers of value in mining projects as well as understanding of better strategic risk management. Identify strategies for success when facing commodity price shifts, exploration upside, squeezed margins and myriad other market and operational factors Gain actionable insights into developing an optimised strategy for a mining project and the performance measures that can be put in place to align the operations with strategic intent so the business goals are achieved – with guidance on balancing the trade-offs between the longterm business goals and short-term production targets.

Module 1 | Business Optimisation

• Describe an overview of project evaluation, the feasibility study process and key project measures
• Recognise that a comprehensive feasibility study is essential for developing a robust business strategy
• Estimate cut-off grades and their impact on other strategic parameters
• Recognise that a comprehensive strategy optimisation process delivers better project outcomes
• Identify the impact of risk appetite on strategic decision making

Module 2 | Performance Measurement, Monitoring and Reporting

• Describe how good mine planning practices are essential to achieving business goals
• Apply lagging and leading key performance indicators
• Map mining processes
• Recognise how data science can be used to measure performance

Module 3 |Technology and Innovation

• Describe the role technology and innovation has played in the mining industry
• Discuss significant new and emerging technologies and innovations, and their likely impact on mine performance
• Describe some failed interventions, and practical measures that could have avoided them

Module 4 | Benchmarking and Continuous Improvement

• Plan and execute an effective benchmarking program
• Recognise the differences between the various business improvement methods and their strengths and limitations
• Prepare an implementation plan to achieve the desired continuous improvement outcomes
• Describe the major components of establishing a continuous improvement program

This course is suitable for: 

• Mining Executives
• Senior Managers
• Technical Personnel

• A good working knowledge of English.
• AusIMM courses are generally suitable for people who have completed their tertiary education and have been in the workforce for at least two years.
• No other pre-requisites are required.