{"id":null,"code":"492603S","name":{"valueFi":"Mining Project Feasibility Study","valueEn":"Mining Project Feasibility Study","valueSv":""},"credits":5.0,"minCredits":5,"maxCredits":5,"tags":[],"createdAt":1790533343429,"contentList":[{"title":{"valueFi":"Osaamistavoitteet","valueEn":"Learning outcomes","valueSv":""},"content":{"valueFi":"After completion of the course, the students will learn how to:\r\n•\tDistinguish the distinct phases of mining project development through critical articulation of the objectives, data requirements, and confidence levels at each step.\r\n•\tEvaluate the quality and confidence of feasibility studies through analysis of the multidisciplinary technical principles, geological assumptions, and engineering parameters.\r\n•\tIntegrate interdisciplinary inputs and comprehend how technical variables (such as mineralogy, extraction techniques, and processing efficiencies) and modifying factors (such as legal and statutory requirements, environmental and social imperatives, ESG best practices) quantitatively affect the structure of a project's financial model.\r\n•\tConstruct reliable financial models by creating thorough economic assessments that integrate capital and operating cost estimations (CAPEX/OPEX) that reflect life-of-mine scenarios.\r\n•\tEstimate and interpret key financial metrics (e.g., NPV, IRR, Payback Period) to assess the economic viability and risk profile of a mining project.\r\n•\tAssess the influence of environmental, social, and governance (ESG) factors on the profitability and sustainability of mining projects, and in alignment with worldwide industry standards and ethical practices.","valueEn":"After completion of the course, the students will learn how to:\r\n•\tDistinguish the distinct phases of mining project development through critical articulation of the objectives, data requirements, and confidence levels at each step.\r\n•\tEvaluate the quality and confidence of feasibility studies through analysis of the multidisciplinary technical principles, geological assumptions, and engineering parameters.\r\n•\tIntegrate interdisciplinary inputs and comprehend how technical variables (such as mineralogy, extraction techniques, and processing efficiencies) and modifying factors (such as legal and statutory requirements, environmental and social imperatives, ESG best practices) quantitatively affect the structure of a project's financial model.\r\n•\tConstruct reliable financial models by creating thorough economic assessments that integrate capital and operating cost estimations (CAPEX/OPEX) that reflect life-of-mine scenarios.\r\n•\tEstimate and interpret key financial metrics (e.g., NPV, IRR, Payback Period) to assess the economic viability and risk profile of a mining project.\r\n•\tAssess the influence of environmental, social, and governance (ESG) factors on the profitability and sustainability of mining projects, and in alignment with worldwide industry standards and ethical practices.","valueSv":""}},{"title":{"valueFi":"Sisältö","valueEn":"Content","valueSv":""},"content":{"valueFi":"Mineral resource estimation - geological perspective, mining project valuation, geometallurgy perspective, mineral processing, mine waste management, tailings management, water management, mine closure and reclamation, infrastructure development, environmental studies, permitting and social impacts, external factors and due diligence, cost estimation, financial evaluation and sensitivity analysis.","valueEn":"Mineral resource estimation - geological perspective, mining project valuation, geometallurgy perspective, mineral processing, mine waste management, tailings management, water management, mine closure and reclamation, infrastructure development, environmental studies, permitting and social impacts, external factors and due diligence, cost estimation, financial evaluation and sensitivity analysis.","valueSv":""}},{"title":{"valueFi":"Suoritustavat","valueEn":"Study Methods","valueSv":""},"content":{"valueFi":"Lectures, assignments and group project exercises","valueEn":"Lectures, assignments and group project exercises","valueSv":""}},{"title":{"valueFi":"Toteutustavat","valueEn":"Teaching Methods","valueSv":""},"content":{"valueFi":"Järjestämistapa: online\r\nAttendance and class participation / Required readings / Course assignment and seminar presentation / Final exam\r\n\r\nEnabling course generic skills:\r\nAnalytical, Critical & Creative Thinking: Used to distinguish study phases and evaluate data quality, ensuring that technical assumptions and confidence levels withstand scrutiny.\r\nSustainability, Responsibility & Ethics: Essential for integrating ESG factors into financial models, aligning project viability with international ethical standards and social license.\r\nMultdisciplinary & Interdisciplinary Skills: Applied when synthesizing diverse technical variables (e.g., geology, metallurgy, geoscience, legal, economic, etc) into a cohesive project structure.\r\nDigital & Communication Skills: Vital for data acquisition and constructing complex financial models (CAPEX/OPEX) and interpreting metrics like NPV/IRR for diverse stakeholders.\r\nInternational & Multicultural Skills: Required to navigate global statutory requirements and diverse cultural contexts in mining project development.\r\nWell-being & Self-development: Developed when managing the complexity of high-stakes assessments and enabling professional resilience and ability for complex decision-making and risk management.","valueEn":"Mode of delivery: online\r\nAttendance and class participation / Required readings / Course assignment and seminar presentation / Final exam\r\n\r\nEnabling course generic skills:\r\nAnalytical, Critical & Creative Thinking: Used to distinguish study phases and evaluate data quality, ensuring that technical assumptions and confidence levels withstand scrutiny.\r\nSustainability, Responsibility & Ethics: Essential for integrating ESG factors into financial models, aligning project viability with international ethical standards and social license.\r\nMultdisciplinary & Interdisciplinary Skills: Applied when synthesizing diverse technical variables (e.g., geology, metallurgy, geoscience, legal, economic, etc) into a cohesive project structure.\r\nDigital & Communication Skills: Vital for data acquisition and constructing complex financial models (CAPEX/OPEX) and interpreting metrics like NPV/IRR for diverse stakeholders.\r\nInternational & Multicultural Skills: Required to navigate global statutory requirements and diverse cultural contexts in mining project development.\r\nWell-being & Self-development: Developed when managing the complexity of high-stakes assessments and enabling professional resilience and ability for complex decision-making and risk management.","valueSv":""}},{"title":{"valueFi":"Oppimateriaalit","valueEn":"Learning material","valueSv":""},"content":{"valueFi":"<p>Lecture material, reading materials, project feasibility financial model template.</p>","valueEn":"<p>Lecture material, reading materials, project feasibility financial model template.</p>","valueSv":""}},{"title":{"valueFi":"Lisätiedot","valueEn":"Further information","valueSv":""},"content":{"valueFi":"Opetuskieli\r\nEnglish\r\n\r\nAjoitus\r\n1st year in Master's degree, 4th period\r\n\r\nKohderyhmä\r\nStudents in the MEMP Mineral Processing study option\r\n\r\nVastuuhenkilö\r\nDr Raul Mollehuara Canalas, Prof. Saija Luukkanen","valueEn":"Language of instruction\r\nEnglish\r\n\r\nTiming\r\n1st year in Master's degree, 4th period\r\n\r\nTarget group\r\nStudents in the MEMP Mineral Processing study option\r\n\r\nPerson responsible\r\nDr Raul Mollehuara Canalas, Prof. Saija Luukkanen","valueSv":""}},{"title":{"valueFi":"Kurssikirjallisuus","valueEn":"Literature","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Esitietovaatimukset","valueEn":"Qualifications","valueSv":""},"content":{"valueFi":"Esitietovaatimukset\r\nCourses on economic geology, mining engineering and mineral processing are suggested","valueEn":"Prerequisites and co-requisites\r\nCourses on economic geology, mining engineering and mineral processing are suggested","valueSv":""}},{"title":{"valueFi":"Arviointiasteikko","valueEn":"Assessment scale","valueSv":""},"content":{"valueFi":"1-5/HYL","valueEn":"1-5/FAIL","valueSv":"1-5/FAIL"}},{"title":{"valueFi":"Arviointikriteerit","valueEn":"Assessment criteria","valueSv":""},"content":{"valueFi":"The course unit utilizes a numerical grading scale 1-5. In the numerical scale zero stands for a fail.\r\n\r\nAttendance to online lectures is required. Students need to complete all class readings. The course assignment is a group project case to be presented in the course seminar. The final exam is based on lecture materials and required readings.\r\n\r\nSelf-reflection journal on acquired course generic skills (not part of the assessment)","valueEn":"The course unit utilizes a numerical grading scale 1-5. In the numerical scale zero stands for a fail.\r\n\r\nAttendance to online lectures is required. Students need to complete all class readings. The course assignment is a group project case to be presented in the course seminar. The final exam is based on lecture materials and required readings.\r\n\r\nSelf-reflection journal on acquired course generic skills (not part of the assessment)","valueSv":""}},{"title":{"valueFi":"Arviointikriteerit 2","valueEn":"Evaluation criteria 2","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Arviointikriteerit 3","valueEn":"Evaluation criteria 3","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Arviointikriteerit 4","valueEn":"Evaluation criteria 4","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Pääasiallinen opetuskieli","valueEn":"Primary Teaching Language","valueSv":""},"content":{"valueFi":"englanti","valueEn":"English","valueSv":"engelska"}},{"title":{"valueFi":"Taso","valueEn":"Level","valueSv":""},"content":{"valueFi":"Syventävät opinnot","valueEn":"Advanced Studies","valueSv":"Syventävät opinnot"}},{"title":{"valueFi":"Oppiaine","valueEn":"Subject","valueSv":""},"content":{"valueFi":"Kaivos- ja rikastustekniikka","valueEn":"Mining Engineering and Mineral Processing","valueSv":""}},{"title":{"valueFi":"Vastuuhenkilöt","valueEn":"Person in charge","valueSv":""},"content":{"valueFi":"Saija Luukkanen, Raul Mollehuara Canales","valueEn":"Saija Luukkanen, Raul Mollehuara Canales","valueSv":"Saija Luukkanen, Raul Mollehuara Canales"}},{"title":{"valueFi":"Luokittelu","valueEn":"Classification","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}},{"title":{"valueFi":"Linkit","valueEn":"Links","valueSv":""},"content":{"valueFi":"","valueEn":"","valueSv":""}}]}