Interview trainerQuestions with model answers, timed drills and mock interviews.Excel casesGuided modelling exercises, with a starter file and a worked solution.QuizTest yourself on the whole course.

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.

NewsMining M&A news, dated and sourced, updated every Monday.Deals and financingsLandmark takeovers and recent raises, streams and royalties.ScreenerForty listed miners compared on size, costs and cash.GlobeMines, deals and country risk on a 3D globe.

Mining finance glossary

NPV

In French: VAN

Net present value of future cash flows.

Where the course uses it

Module 1: The life cycle of a mine
Module 3: Reading a technical report
Module 4: Metal markets
Module 5: Valuing a mine
Module 6: Building a mine model
Lecture 1: Money has a time value

Related terms

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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