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How mining companies perform Due Diligence (DD) & validate current plans via mining optimisation with Whittle Consulting

How mining companies perform Due Diligence (DD) & validate current plans via mining optimisation with Whittle Consulting

How mining companies perform Due Diligence (DD) & validate current plans 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 perform due diligence (DD) and/or validate their current mine plans for their mining project or operation. Let’s explore this objective in detail.

8. Perform Due Diligence (DD) and/or validate current plans
Objectives:
  • Review the economic efficiency of the various mine plans.
  • Validate the numerical consistency of the current mine models (i.e., geological, geotechnical, mining, metallurgical, logistics, commercial and financial mine models.

Outcomes:

A mining business is complex. Whittle Integrated Strategic Mine Planning is a validation/audit of the conclusions that have been drawn from the mine planning process. It evaluates whether the maximum economic potential of a mining property has been identified.

The task of ensuring consistency and integrity between the numerous mine models that cover the entire business is onerous and fraught with risk. Whittle Integrated Strategic Mine Planning involves creating a single model of the entire business, from the resource model through to the financial model. Whilst not the primary objective of a Whittle Enterprise Optimisation project, a by-product is the assurance that the total business plan adds up.

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.