MINE5501 Mining Management

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Content
This unit deals with the theory of exhaustible resources; project appraisal; government policies; royalties; export controls; and economics impact analyses. It also covers the Mining Act and Mines Safety and Inspection Act; duties of care; roles and responsibilities; environmental and native title issues; and occupational health and safety.
Outcomes
Students are able to (1) explain the basic Pareto model of efficient resource allocation and the way that this underpins economic thinking in analysing natural resource and environmental problems.; (2) discuss market failure and externalities approaches to environmental management and the way environmental management underpins tax and standards approaches to policy.; (3) evaluate the role that markets can play in allocating environmental resources and why policies such as transferable entitlements are now favoured in many areas.; (4) assess irreversibility in resource use and its implications for making decisions about the preservation versus exploitation of resources.; (5) apply the basic economic principles underpinning the analysis of the optimal extraction of non renewable resources.; (6)
critique the role that cost benefit analysis and the valuation of environmental benefits and costs plays in policy decisions.; and (7)
evaluate the natural resource management problem and match the appropriate theory to the problem in the design of appropriate policy solutions..
Assessment
Indicative assessments in this unit are as follows: (1) assignment; (2) in-class quizzes; and (3) a final examination. Further information is available in the unit outline.

Supplementary assessment is only available in this unit in the case of a student who has obtained a mark of 45 to 49 and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Professor Richard Durham
Unit rules
Prerequisites:
enrolment in the Master of Professional Engineering (Mining Engineering specialisation)
and
(MINE3161 Surface Mining
or
MINE4503 Surface Mining
or
MINE5503 Surface Mining)
and
(MINE3162 Underground Mining 1
or
MINE4401 Underground Mining 1);

for pre-2012 courses: MINE3162 Underground Mining 1
or
MINE4401 Underground Mining 1

Advisable prior study:
ENSC3011 Resource Extraction Technologies
Incompatibility:
MINE4165 Mining Management
Unit Outline
Semester 1_2019 [SEM-1_2019]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.