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Cost Management for Mining and Resources Operations

Mining and resource operations across Southern and Central Africa work with volatile commodity prices, heavy capital assets and demanding cost per tonne targets. This course helps finance and operations staff understand mining cost structures, model the impact of grade and volume changes, and control spending across the value chain. Participants build the skills to protect margins when prices fall and to defend investment cases when they rise.

What you will be able to do

  • Describe the cost structure of a typical mining or resource operation.
  • Calculate cost per tonne and unit cost measures used in the sector.
  • Analyse how grade, volume and stripping ratios drive operating cost.
  • Model the cash impact of commodity price movements on the operation.
  • Identify cost drivers across extraction, processing and logistics.
  • Build cost control routines that protect margins through the price cycle.

Course outline

  1. 01Mining Cost Structures and Terminology
  2. 02Cost Per Tonne and Unit Cost Measures
  3. 03Grade, Volume and Stripping Ratio Effects
  4. 04Commodity Price Sensitivity and Cash Cost
  5. 05Value Chain Cost Analysis
  6. 06Capital Versus Operating Cost Decisions
  7. 07Cost Control Reporting for the Mine

Who should attend

Mine accountants, cost controllers, operations finance staff and technical managers involved in mining budgets and cost reporting.

Dates, venues and fees

DatesVenueDaysFeeCalendar
17 to 19 Aug 2026Lagos3US$1,500
24 to 26 Aug 2026Harare3US$1,500
31 Aug to 2 Sep 2026Kampala3US$1,500
7 to 9 Sep 2026Dar es Salaam3US$1,500
14 to 16 Sep 2026Pretoria3R13,000
21 to 23 Sep 2026Cape Town3R13,000
5 to 7 Oct 2026Online3US$900
12 to 14 Oct 2026Mozambique3US$1,500
19 to 21 Oct 2026Cairo3US$1,500
26 to 28 Oct 2026Accra3US$1,500
2 to 4 Nov 2026Lusaka3US$1,500
9 to 11 Nov 2026Kigali3US$1,500
16 to 18 Nov 2026Nairobi3US$1,500
23 to 25 Nov 2026Durban3R13,000
30 Nov to 2 Dec 2026Johannesburg3R13,000
14 to 16 Dec 2026Mauritius3US$1,500
21 to 23 Dec 2026Dubai3US$1,500

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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