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How mining companies improve their ability to respond to market and contextual changes via mining optimisation with Whittle Consulting

How mining companies improve their ability to respond to market and contextual changes via mining optimisation with Whittle Consulting

How mining companies improve their ability to respond to market and contextual changes via mining optimisation with Whittle Consulting

 

As the leading mining consultants, Whittle Consulting has identified the top 15 Objectives and Outcomes that drive our clients to implement mining optimisation generally, and Whittle Integrated Strategic Mine Planning, in particular. One of these objectives is to improve their ability to respond to market & contextual changes. Let’s explore this objective in detail.

7. Respond to market and contextual changes
Objectives:
  • Metal/commodity prices
  • Exchange rates
  • Competition
  • Energy cost
  • Legislation
  • Climate & environment
  • Conflict
  • Health epidemics

Outcomes:

As COVID-19 has shown us, we operate in a volatile world. Any strategic plan is a function of the assumptions made about future market and context. A change in these assumptions requires different plans, not just a more vigorous execution of the original plan.

A comprehensive, strategic mine planning process should involve rehearsals for a range of potential futures. These scenarios should understand the respective strategies that would apply for each. Whittle Integrated Strategic Mine Planning allows the development, trial and maintenance of a suite of mining optimisation plans for a variety of scenarios. This level of mine planning provides management with true strategic agility. This provides a valuable context to know how to react, as and when conditions change.

Introducing Whittle Consulting

Whittle Consulting are the leaders in mining consulting and are the recognised experts in mining optimisation. With a proven track record, Whittle assists mining businesses worldwide with mine planning and mine optimisation. Whittle Integrated Strategic Mine Planning, incorporates Whittle Enterprise Optimisation modelling. This routinely increases the economics of mining projects and operations, enhancing overall mine valuation, - from 5% to 35%, and in many cases substantially more. These results are achieved even after conventional mining optimisation techniques have already been applied. Whittle Integrated Strategic Mine Planning is suitable for both open pit mines and underground mines, across all commodities.

Learn about Whittle mine optimisation via our online mining seminar

The easiest way to learn more about Whittle Integrated Strategic Mine Planning is to attend our online, interactive, 4 half-day seminar. Registration for the final series of the Whittle Integrated Strategic Mine Planning seminars for 2021 is now open.