# MI3053 — Mining Economics Half-semester course reviewing basic financial mathematics and introducing discounted cash flows, rate-of-return, sensitivity and risk analyses. Covers evaluation of equipment replacement alternatives including buy versus lease, and effects of taxation and capital expenditure depreciation on mine project cash flows. | | | |---|---| | Code | MI3053 | | Hours | 21 | --- Source: [https://www.northerncollege.ca/course/mi3053-mining-economics/](https://www.northerncollege.ca/course/mi3053-mining-economics/)