Risk Mitigation: Our Front-End Engineering Design (FEED) studies allow mining customers to identify and mitigate potential risks early in the mining project lifecycle. By conducting detailed engineering design with equipment selections, integrated cost trade-off evaluations, and risk analysis, our customers better understand their mining project, environmental impact, and regulatory compliance requirements. Our not-to-exceed price contract analysis also helps ensure cost control and adherence to budgetary constraints.
Cost Optimisation: Our cost optimisation and analysis are based on different mine geology scenarios and provide various mining cost options for customers. These cost scenarios range from conventional contract unit rates and equipment hire to OEM operating leases with MARCs for the project life cycle. Budget forecasts linked to production schedules are also included. We apply global variables to our first principle cost estimates, which provide unlimited transparent cost predictions for early decision-making.
Decision Support: Our Front-End Engineering Design (FEED) studies provide mining customers with the necessary information to make critical decisions about project development. By developing a digital twin and simulating mining conditions throughout the project life cycle, our customers gain a first-hand overview of the project's development at all stages of mining. Production schedules with integrated resource allocations enable us to investigate resource analysis outcomes and utilisation of equipment, materials, and manpower, facilitating decision support. Through resource analysis and assessment of various case scenarios, we evaluate risks, potential outcomes, and compile a project development plan based on the selected scenario.
Regulatory Compliance: Our FEED studies ensure mining projects comply with relevant regulations and environmental standards. By conducting thorough assessments of environmental impacts, water management plans, and community engagement strategies, customers can demonstrate their commitment to sustainable development.
In summary, our FEED studies are an essential tool for mining customers to evaluate their mining projects' operational and economic benefits. It helps mitigate risks, optimise costs, support decision-making, build investor confidence, and ensure regulatory compliance.
