COSMO — Stochastic Mine Planning Laboratory

Discrete Event Simulation to Support Real-World Mining Activities with Virtual Technologies

September 18-20, 2024

The mining industry is embracing the digital frontier as mineral extraction becomes increasingly challenging. Simulation models are one of the tools that have gained traction in the planning process for both existing mines and future operations. Discover how simulation models can be used to streamline mine performance by identifying potential risks and opportunities.

Montreal, Canada
 Kristopher J. Shelswell, SRK Consulting

Brochure and Registration Information Below:

http://cosmo.mcgill.ca/wp-content/uploads/2024/03/McGill-Flyers-2024-Discrete-final.pdf

Strategic Mine Planning with New Digital Technologies, Risk Management and Mineral Value Chain

September 25-27, 2024

At the time of a continuing rebound of metal markets, learn how the application of new digital technologies can add substantial value to strategic mine planning and asset valuation. The new technologies and related tools integrate technical risk management while capitalizing on the synergies amongst the elements of mineral value chains through their simultaneous optimization – from mines to products to markets.

Montreal, Canada
Roussos Dimitrakopoulos, McGill University, Canada and Luis Montiel Petro, Vale, Canada 

Brochure and Registration Information Below:

http://cosmo.mcgill.ca/wp-content/uploads/2024/02/McGill-Flyers-2024-Strategic-final.pdf

Geostatistical Evaluation of Mineral Resources and their Uncertainty under the New Regulatory Environment

September 30-October 4, 2024

This course is designed according to the latest regulations on public reporting of Mineral Resources. It aims at showing how state-of-the-art statistical and geostatistical techniques help answer the requirements of those regulations in an objective and reproducible manner. A particular emphasis is put on understanding sampling and estimation errors and related uncertainties, as well as how to assign levels of estimation confidence through the application of resource classification fundamentals. In addition to a solid introduction to mining geostatistics, this course provides a comprehensive overview of how modern techniques, such as conditional simulations, are currently applied in the industry.

Montreal, Canada
David F. Machuca, SRK Consulting, Canada and Roussos Dimitrakopoulos, McGill University, Canada

Brochure and Registration Information Below:

http://cosmo.mcgill.ca/wp-content/uploads/2024/02/McGill-Flyers-2024-Geo-final.pdf

Mineral Economics and Mine Management Asset Valuation for Sustainable Returns Under Risk and Cyclicality

October 9-11, 2024

This course aims to demonstrate how mineral economics and mine management add sustainable value to a mining project or corporation. In addition to addressing how mineral policy and investment timing affect asset value, the course will cover the following topics: the capital, commercial, investment, operational, and innovation strategies of a mining enterprise; valuing a mine asset; project and portfolio management techniques for mining corporations; capacity planning; conventional and alternative finance approaches for mining projects; mining accounting and taxation; equipment availability and maintenance; sustainability, standardization, and mining.

Montreal, Canada
Mustafa Kumral, McGill University, Canada

Brochure and Registration Information Below:

https://www.cim.org/professional-development/mcgill-professional-development-seminars/mine-asset-valuation/