An Introduction to Modelling Coal Project Finance serves as an introduction to the critical issues associated with the debt financing of coal mining projects. The aims and objectives of project financing are discussed with an overview of the steps leading up to application. The course is aimed at professionals throughout the mining industry and assumes a basic appreciation of the main financial parameters.
Logical guidelines on how to construct a preliminary level cash flow model of project finance are provided, with descriptions of the major input variables. Coal is used to demonstrate the principles of modelling project finance.
A background discussion on the technical aspects and major costs involved in coal mining operations is followed by a step by step guide to developing a financial model of a large-scale open pit project and an underground longwall project using the financial modelling software tool IC-CoalEval.
The course comprises 18 viewing sessions at both summary and text level, multiple-choice reviews, and extensive worked examples for coal projects. Course duration is equivalent to approximately 10 hours of viewing content.