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HE Unit Template
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Company Economics and Finance
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ENGIN5510 - Company Economics and Finance
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20240600
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2.2
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2026-09-10
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2026-09-10
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Engineering
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Institute of Innovation, Science & Sustainability
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Engineering
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Postgraduate - Coursework
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15
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.125
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030303
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Mining Engineering
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030303 - Mining Engineering
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<a href="http://www.federation.edu.au/locate/unit/engin5510">View unit fees</a>
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Graded (e.g. HD, D, C, etc)
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9
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Masters Degree
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1
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<p>This unit qualifies participants to apply an advanced body of knowledge in the area of mineral economics and equips them with highly developed skills for research and enquiry. Students enrolled in this unit will be able to apply the body of knowledge to a range of contexts within the mining industry enabling them to undertake professional or highly skilled work within the mining industry and allow them to undertake further study.</p>
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<p>Topics may include:<br>
1. In depth analysis of techniques employed in the mining industry, focussing on the estimation of capital and operating costs and the impact of limited information on the estimation of these.<br>
2. Taking into account time in economic feasibility determination for mines.<br>
3. Mining Project Analysis: accounting for uncertainty.<br>
4. Production Economics: Production from orebody extensions at marginal cost; Equipment maintenance and replacement decisions; Optimisation of blasting patterns; The cost of secondary breaking; Cost control systems and reporting.</p>
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<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
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Semester
Semester
0200
Year
Year
2027
Current Year
2026
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ENGIN5510 - Company Economics and Finance
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ENGIN5510 - Company Economics and Finance
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Semester
Semester 1
Semester 2
Summer Semester
Year
2027
2026
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Overview
Key information
Requisites
Learning outcomes
Assessment
FedTASK
Parent Region
Overview
Unit description
<p>This unit qualifies participants to apply an advanced body of knowledge in the area of mineral economics and equips them with highly developed skills for research and enquiry. Students enrolled in this unit will be able to apply the body of knowledge to a range of contexts within the mining industry enabling them to undertake professional or highly skilled work within the mining industry and allow them to undertake further study.</p>
Unit content
<p>Topics may include:<br> 1. In depth analysis of techniques employed in the mining industry, focussing on the estimation of capital and operating costs and the impact of limited information on the estimation of these.<br> 2. Taking into account time in economic feasibility determination for mines.<br> 3. Mining Project Analysis: accounting for uncertainty.<br> 4. Production Economics: Production from orebody extensions at marginal cost; Equipment maintenance and replacement decisions; Optimisation of blasting patterns; The cost of secondary breaking; Cost control systems and reporting.</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Engineering
Study level:
Postgraduate - Coursework
Credit points:
15
EFTSL:
0.125
Field of education:
030303 - Mining Engineering
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/engin5510">View unit fees</a>
Requisites
Prerequisite
None
Corequisite
None
Exclusion
<p>must not have completed "ENMIN5150"</p>
Learning outcomes
Learning outcomes
<p>On successful completion of this unit, students are expected to gain the following [K]nowledge, [S]kills and [A]pplication of knowledge & skills</p>
Learning Outcomes
Ref
Outcome
K1
<p>Review capital and operating costs for mining systems employed in the mining industry.</p>
K2
<p>Recognise and interpret the relationship between mining costs and revenues.</p>
K3
<p>Identify and analyse the effect of time on the determination of the feasibility of mining projects.</p>
S1
<p>Appraise, consolidate and synthesise knowledge and identify and provide solutions to complex mine problems.</p>
S2
<p>Evaluate complex ideas in mineral economics.</p>
S3
<p>Select appropriate tools (that may include software) to solve problems in mineral economics.</p>
A1
<p>Design a mining system/project from an economics perspective.</p>
A2
<p>Interpret the economical viability of mining projects.</p>
Assessment
Learning Tasks and Assessment
Ref
Learning task
Assessment type
Weighting
Learning outcomes assessed
1
<p>Numerical and conceptual tasks</p>
<p>Written assignments</p>
<p>50-60%</p>
K1, K2, K3, S1, S2, S3, A1
2
<p>Evaluation of a mining project</p>
<p>Project report and associated Excel files</p>
<p>40-50%</p>
K1, K2, K3, S1, S2, S3, A2
Supplementary assessment available:
Yes
Supplementary assessment information:
<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
FedTASK
FedTASK
<p>Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FedTASKs (<strong>T</strong>ransferable <strong>A</strong>ttributes <strong>S</strong>kills and <strong>K</strong>nowledge) provide a targeted focus on five key, transferable Attributes, Skills, and Knowledge that are embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and co-operative learning opportunities.</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Engineering
Study level:
Postgraduate - Coursework
Credit points:
15
EFTSL:
0.125
Field of education:
030303 - Mining Engineering
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/engin5510">View unit fees</a>
Additional information
Cards Section - Non Research
Add Info Static Text
Internal reference: ENGIN5510 - U2.2