Mine Planning Practice Exam
About Mine Planning
Mine Planning can be defined as the process of optimizing the exploitation of mineral reserves for maximum added value aligned with the strategic goals and objectives of the business enterprise. The complex set of activities associated with this process aim to identify the best possible mine design and production scheduling considering, among others, capital investments, operational cost, revenue forecasting, and management of cash flows of a mining operation. It is a critical component to the financial aspects of mining ventures.
Although mine planning is essentially the same as planning conducted by other businesses, it has certain unique characteristics that result from its dependence on a mineral resource. After a mining operation begins, the knowledge of the deposit is gradually enriched as more information is revealed by the ongoing activities associated with the mining cycle. The final product of the mine planning process is a business plan for exploiting the deposit. The business plan includes a mine plan, which is the production schedule that indicates the origin and destination of different materials and respective qualities to be extracted from the deposit
Why is Mine Planning important?
Mine planning puts you on the path to success by establishing and developing a cost-effective solution for the extraction of mined minerals at optimal quality and quantities. This is developed such that shareholder returns are maximised, while adhering to business standards and ethics.
The mine planning process involves short-, medium- and long-term plans. These different plans are aligned to ensure that the mine’s strategic objectives are implemented effectively and seamlessly.
Who should take the Mine Planning Exam?
• Mining professionals
• Entrepreneurs or Innovators
• Anyone who wants to assess their mine planning skills
• Mining managers and senior executives
• Mining consultants
• Any professional with skills and knowledge on mine planning
Knowledge and Skills required for the Mine Planning
Specific skills are needed to excel in career of mine planning which includes analytical bent of mind and quick learning skills.
Mine Planning Practice Exam Objectives
Mine Planning exam focuses on assessing your skills and knowledge in concepts and application of mine design, mining methods and mine project management.
Mine Planning Practice Exam Pre-requisite
There are no prerequisites for the Mine Planning exam.
Mine Planning Certification Course Outline
1. Basic Mine Design
2. Mine Financial Valuation and Optimisation
3. Mining Methods
4. Business Planning Process
5. Mine Project Planning and Control
6. Technical and Legal Requirements in Mine Planning
7. Optimization and Planning of Underground Mines
Exam Format and Information
Certification name – Mine Planning Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199