APAC Project Finance Academy: M4 - Mining Project Finance

Summary of course content This is Module Four of the APAC Project Finance Academy. 'Mining Project Finance', intended for those who have an interest in the area of project financing in the Mining industry and identifying the opportunities and potential pitfalls with this commodity-based project finance area. Packed full of real life and interactive case studies, this course will cover a full range of mining project finance areas, such as: Commodity finance stages Credit analysis What can go wrong with mine project finance Political risk structures in mining View our 60 Second Interview with the Course Director - Richard Tinsley We took the opportunity to ask our expert Course Director a few questions on the current market challenges and how he became involved in this exciting industry. This is what he had to say. Other modules: M1: Advanced Project Finance (27-29 October 2014) M2: Oil, Gas and LNG Project Finance (30 October 2014) M3: Power Project Finance (31 October 2014) M5: Infrastructure Project Finance (4 November 2014) M6: Public-Private Project Finance (5 November 2014) M7: Project Finance Risk & Recovery (6 November 2014 - 7 November 2014) The Academy begins with a 3-day Advanced Project Finance Workshop focusing on the core skills of risk analysis and structuring, with a special emphasis on political risk. Team case presentations neatly wrap together these skills along with the analysis and sensitivities of the team case-study Excel models. The next four modules teach up-to-date sector skills in Oil, Gas and LNG Project Finance (1 day), Power Project Finance (1 day), Mining Project Finance (1 day) and Infrastructure Project Finance (1 day). Industry fundamentals are covered together with the key metrics and due diligence alongside case studies and international best practices. This is followed by a workshop on the application of Project Finance for Public-Private Programmes (PPPs) (1 day) with a special session on which PPP programmes work and which do not. The final module, Project Finance Risk & Recovery (2 days), looks at the key financial ratios, the credit analysis, and the forecast basis for any cashflow projection. This overview allows you to ?Build-your-own-model-from-scratch? with the final model used in a course bidding contest! All modules are highly interactive with many cases and recent examples referenced throughout to fully explore the world of Project Finance. Attending the 10-day Academy means you will leave the course with a thorough understanding of Project Finance techniques and sector skills that can be applied immediately to your job. Who should attend Bankers/Investment Bankers Project Financiers Financial Advisors Financial Analysts Accountants/Taxation Advisers Insurance Advisers/Brokers Project Lawyers Sponsors/Project Joint Venturers Business Developers Government/PPP Agencies Export-Credit Agencies Multilateral Agencies Relationship Officers Brokers M&A/Buyout Specialists Company Treasurers/Directors Credit Committee Staff Rating Agencies Project Managers/Engineers/Consultants Investment/Portfolio Managers All Modules can be booked separately. Group discounts are available. Attend all the modules and save US$7,790! To register on the full 10-day Project Finance Academy, please select 'Register' and follow the registration process. If you would like to register on an individual Module, please select your desired module below and follow the registration process on this product page. Please note we cannot process multiple module registrations online. If you wish to attend more than one Module but not the whole 10-day Academy, then please download a PDF and either fax this back to us on +852 2866 7340 or email a scanned copy to training@euromoneyasia.com. You can also email us your registration details and one of our account managers will register your place for you. Supporting publication
Mining Project Finance Day 1 Which commodities to project finance? Minerals to avoid Stages in financing Exploration Development Operations Credit analysis criteria Economic rent Reserves Capital Markets Case studies: Ranger Uranium How can banks provide a rehabilitation guarantee to shut the mine down? Industrial Minerals How to structure sales contracts to support a project financing. Colowyo How do the capital markets judge a monetisation of coal-supply contracts? Reserves due diligence Why are mining due diligence approaches not as good as the power sector? Ore reserve codes dissected Estimation short-cuts Gold instruments Commodity swaps Commodity-linked bonds Case studies: Yanacocha, Peru Classic gold-mine receivables financing based on a 5-year reserve. Iduapriem Gold Mine, Ghana How the gold fee works? Can subordinated debt work in a gold loan? How mine project finance can go wrong Cases studies: Anaconda Nickel How to use capital markets for development capital? International Coal Financings How banks lost US$1 billion on market risk? Political risk structures in mining Case studies: Ambatovy Deal-of-the-Year; a blockbuster assembly. Batu Hijau KfW-Ipex, US Exim, and JBIC, plus the sponsors’ subordinated debt. Newmont, Zarafshan How to fit OPIC, MIGA, and EBRD together with a project financing? Papua New Guinea Examine political-risk structures for all mining projects, including Lihir. Escondida Project finance without the banks Phu Kham Combination of mezzanine debt and project finance within a commercial political risk package (not ECAs). Also wraps in some equipment-lease financing.