Information
| Unit | INSTITUTE OF NATURAL AND APPLIED SCIENCES |
| MINING ENGINEERING (PhD) | |
| Code | MD616 |
| Name | Valuation of Mineral Assets |
| Term | 2026-2027 Academic Year |
| Term | Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. Ali Can ÖZDEMİR |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
To learn the methods used in determining the economic value of mining areas; to gain the competence to conduct valuations in accordance with international standards by holistically analyzing geological, technical, and financial data.
Course Content
This course covers theoretical and practical methods for determining the economic value of mining sites. The course includes international standards used in the valuation process of mining sites, data analysis techniques, and risk assessment approaches.
Course Precondition
None
Resources
Mineral Valuation Handbook
Notes
Lecture notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | It explains the fundamental concepts and approaches of mining site valuation. |
| LO02 | It interprets and applies international reporting and valuation standards. |
| LO03 | It provides a comparative analysis of cost, revenue, and market approaches. |
| LO04 | It evaluates the impact of economic parameters on value. |
| LO05 | It conducts scenario and sensitivity studies by analyzing risks and uncertainties. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Based on master's qualifications, they develop their knowledge in the mining engineering field at the level of expertise. | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Understands the interdisciplinary interaction related to the field of mining engineering. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Gains a high level of proficiency in the methods and skills required for expertise with the new knowledge gained in a field. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | With the theoretical and applied knowledge gained in the field of mining engineering, they creates original designs that will bring innovation to science. | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Uses applied knowledge at the level of expertise acquired in the field of mining engineering in R&D studies. | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Can design new systems with R&D studies in the field of expertise. | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Be able to systematically approach new knowledge in the field of mining engineering. | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Applying a method related to the Mining Operations field to a different field or developing a unique method. | |
| PLO09 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Can use computer software on subjects related to mining engineering. | 4 |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | They can apply the knowledge and problem solving skills they have internalized in the mining engineering specialties in interdisciplinary studies. | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | It contributes to the science and technology literature by publishing the outputs of its academic studies in respected academic environments. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Gains problem solving ability in the field of mining engineering. | |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Can produce solutions to social, scientific and moral issues by using strategic decision making processes. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Can communicate effectively, demonstrating effectiveness in advocating original views within an expert community. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Contribute to scientific discussions by communicating in at least one foreign language, verbally or visually. | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Develop computer software on subjects related to mining engineering. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to mining site valuation and basic concepts. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | The life cycle and valuation impacts of mining projects. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | International reporting and valuation standards | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Geological modeling, resource and reserve estimation, and their relationship to valuation. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Cost approach, income approach, and market approach | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Cash flow analyses and discounted cash flow (DCF) methods | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Economic parameters: price, cost, grade, production rate | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Written examination | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Sensitivity analysis and scenario analysis. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Assessment of risks and uncertainties. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Technical, financial, and market risks in mining. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Real options approach | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Taxation, government rights, and legal factors. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | The impact of environmental and social factors on valuation. | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Case studies and real project evaluations | Reading Sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 16 | Term Exams | Written examination | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Written examination | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 4 | 56 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 28 | 28 |
| Total Workload (Hour) | 152 | ||
| Total Workload / 25 (h) | 6,08 | ||
| ECTS | 6 ECTS | ||