Join David Kratochvil, President & CEO of BQE Water, for this free MetSoc webinar on the cost of mine water treatment on 20 September 2018, 13:00 to 14:00 EDT.
Mine lives are getting longer and water plays an important part of the project life cycle cost. Net present value (NPV) is a standard metric for the financial evaluation of long-term projects but it does not include any potential uncertainties or risks in an explicit way. Often, discount rates are increased or special discount factors are introduced to ‘cover risks’ which generates confusion and reduces the credibility and/or confidence in the outcome of the evaluation. This webinar discusses the pitfalls of traditional NPV and risk assessments, and presents examples of overcoming these issues with a risk-adjusted life cycle cost (RALCC) analysis approach that can be adopted during all projects stages.
About the speaker:
David Kratochvil is a chemical engineer with more than 20 years of experience in the treatment of mine wastewater and metallurgical bleed streams. He is the President & CEO of BQE Water, a Vancouver based company focused on reducing life cycle costs and risks associated with water and improving the performance of metal extraction projects.
- Identify shortcomings of conventional NPV and risk assessments – what does a new method need to address?
- Introduce the concept of RALCC analysis for mine water treatment and management
- Understand the fit for using RALCC for a single project and for a project portfolio
- Provide highlights of project examples where elements of RALCC analysis were used
Who should attend?
- Engineers, project managers, technical personnel
More information here.
View previous webinars from the MetSoc of CIM video library here.