Several strategies can be used to realize the earliest positive ROI for startup open-pit mines. One of the most important strategies is to optimize the production plan by ensuring an uninterrupted ore feed and maximizing the net present value.

From estimation through to execution, all construction resources (manpower, equipment and materials) are accounted for, and project management shifts to complying with the Project Development Plan.

You should establish a realistic budget and guaranteed completion date, identify all potential risks, and do your homework before starting.

The FEED phase is the most critical time for controlling costs, optimising the design and confirming the project execution strategy.