When a mining company needed help evaluating the mining strategy for the next 10 years MEC assisted in developing three separate options for owner operation. The client now has a detailed understanding of the engineering, costs and risks.
The Challenge
The company currently operates a contract mining site and wanted to investigate the costs and feasibility of an owner operation.
The key issues where:
- Equipment selection
- Site manning
- Maintenance strategy
- Product tonnes
How we helped?
MEC took the following approach to help achieve the objectives:
- Understanding of the contract operation
- Detailed understanding of the mine planning options and ability to model in the latest software
- Detailed costing of three scenarios in the latest software
- Analysis of risk
Value delivered
The cost model was expanded to three comprehensive Life of Mine model to allow the client to make the key decisions required to ensure a prosperous future.