Engineers & constructors for mines & infrastructure
TacminMadini offers a suite of comprehensive mining services designed to optimize project performance, reduce costs, and enhance operational efficiency. Their Life of Mine (LOM) studies and reserve declarations provide crucial insights for informed decision-making and funding acquisition, while their owner versus contract miner trade-off studies deliver detailed cost analyses to determine the most cost-effective mining method. Outsourced mine engineering and planning services cover everything from geological modeling to production scheduling, ensuring seamless project execution. Additionally, TacminMadini's first principle cost benchmarks, including zero profit margin bids (shadow bids), offer highly accurate and transparent cost estimates, enabling competitive tendering and precise budgeting. These integrated services collectively ensure that mining projects are managed with the highest standards of performance, sustainability, and profitability.
LOM studies with reserve declarations
By way of LOM studies TacminMadini optimizes the entire mining cycle, allowing clients to secure funding and improve project outcomes through detailed Life of Mine (LOM) studies and reserve declarations. TacminMadini provides comprehensive services focusing on LOM studies and reserve declarations, critical for evaluating the technical and economic viability of mining projects. These services are essential for both new projects and ongoing operations, ensuring accurate and up-to-date assessments of mineral reserves and mine life. Partnering with TacminMadini enables clients to benefit from our extensive expertise in LOM studies and reserve declarations. Our services ensure accurate, timely, and reliable assessments, helping clients secure funding, optimize operations, and achieve sustainable and profitable project outcomes.
Key outcomes
Informed decision-making | LOM studies and reserve declarations are updated annually to reflect the latest data, including commodity prices, geological information, and operational changes. This ensures that clients always have the most accurate information for decision-making. |
Optimized project execution | TacminMadini conducts detailed analyses of mining projects, including geological modeling, pit optimization, and production scheduling. This thorough approach ensures all technical and economic factors are considered. |
Enhanced value and sustainability | By incorporating lean mining practices and proactive environmental management into LOM studies, TacminMadini helps clients minimize their ecological footprint and enhance sustainability. |
Financial viability | Accurate and reliable LOM studies and reserve declarations are crucial for securing funding from investors and financial institutions. These documents provide the necessary assurances of project viability and potential returns. |
Owner vs Contract miner trade-off
TacminMadini offers specialized trade-off studies between owner-operated and contract mining. These studies provide a comprehensive analysis of the advantages and disadvantages of each approach, helping clients choose the most cost-effective and efficient mining method for their operations. By leveraging TacminMadini’s expertise in conducting owner versus contract miner trade-off studies, clients can achieve optimized mining costs, improved operational efficiency, and informed strategic decisions. This comprehensive approach ensures that clients can navigate the complexities of modern mining operations with confidence and achieve sustainable, profitable outcomes. For clients considering a shift to owner-operated mining, TacminMadini offers pilot programs that simulate the change on a small scale, providing valuable insights and minimizing risk before full implementation
Key outcomes
Detailed cost breakdown | TacminMadini’s studies involve breaking down mining costs into their components, providing a clear comparison of the total costs involved in owner-operated versus contract mining scenarios. This detailed cost analysis helps clients understand the financial implications of each option. |
Resource utilisation | The studies identify the most suitable mobile equipment and other resources, ensuring optimal utilization and cost-efficiency. This includes obtaining formal capital and life cycle costs from leading OEMs and incorporating these into the cost estimates |
Predictive Life Cycle Modeling | TacminMadini employs project life cycle models based on sound cost engineering principles. These models enable clients to predict project outcomes and budget conformance through “what-if” scenarios, enhancing risk management and financial planning |
Strategic Decision-Making | TacminMadini’s trade-off studies offer a holistic view of the operational and financial impacts of owner-operated versus contract mining, helping clients make strategic decisions that align with their business goals and operational needs |
Outsourced mine engineering
TacminMadini offers specialized outsourced mine engineering and planning services that cover the entire spectrum of mining project needs. These services are designed to help clients achieve optimal performance, safety, and sustainability in their mining operations. By partnering with TacminMadini, clients gain access to top-tier mine engineering and planning services that enhance operational performance, reduce costs, and improve project outcomes. Our outsourced solutions provide the flexibility, expertise, and innovation needed to succeed in today’s challenging mining environment.
Key outcomes
Eliminate recruitment and training costs | By outsourcing mine engineering services, clients can avoid the high costs associated with hiring, training, and relocating mine engineers. This approach also reduces the financial burden of maintaining a full-time engineering staff, especially in remote mining locations. |
Optimized resource utilization | TacminMadini provides detailed cost analyses and benchmarking studies to help clients identify the most cost-effective solutions for their mining operations. This includes equipment selection and capital recommendations based on comprehensive life cycle cost evaluations. |
Access to a pool of experts | Clients benefit from the flexibility of accessing a diverse pool of experienced mine engineers on demand. This ensures that the right expertise is available for specific project needs, leading to improved project quality and efficiency. |
High-quality engineering designs | Our team delivers advanced engineering designs, including front-end engineering design (FEED), mine design, production scheduling, and detailed execution plans. These designs are tailored to optimize operations and ensure compliance with all technical and regulatory requirements. |
Integrated planning and execution | TacminMadini’s outsourced services encompass all aspects of mine planning and operation, from exploration drilling and resource modeling to mine design, production scheduling, and operational management. This holistic approach ensures seamless project execution and continuous operational improvement. |
Innovative solutions | Leveraging the latest technologies and industry best practices, TacminMadini helps clients enhance their operational efficiency, reduce risks, and implement innovative mining solutions that drive value and sustainability |
Shadow bid (0% profit margin bid)
TacminMadini offers zero profit margin bids, also known as shadow bids, and first principle cost benchmarks as part of their comprehensive project management services. These approaches ensure that clients receive precise cost estimates, enabling better budgeting, cost control, and competitive tendering. Partnering with TacminMadini for zero profit margin bids and first principle cost benchmarks provides clients with unparalleled cost accuracy, competitive tendering advantages, and enhanced project control. These services enable clients to manage their projects more efficiently, ensuring successful, on-time, and within-budget completion.
Key outcomes
Zero profit margin bids | TacminMadini prepares zero profit margin bids by breaking down the total project value based on the resources employed by contractors. This method provides clients with a complete cost breakdown that matches the contract value, giving them first-hand knowledge of the contractor’s costs without profit margins. |
First principle costing | Utilizing first principle costing, TacminMadini estimates project costs from the ground up, based on fundamental data such as resource requirements and OEM life cycle costs. This approach ensures highly accurate and transparent cost estimates, enabling better project planning and execution. |
Benchmarking against contractors | By using shadow bids, TacminMadini benchmarks contractor costs, allowing for more competitive tendering processes. This ensures that clients receive the most cost-effective solutions for their projects, often resulting in significant cost savings. |
Resource optimization | Through detailed resource analysis and scheduling, TacminMadini optimizes the allocation of manpower, equipment, and materials, further enhancing cost efficiency and project performance. |
Integrated Project Life Cycle Models | TacminMadini’s project life cycle models, based on sound cost engineering principles, enable the tracking of budget and time conformance throughout the project. These models support predictive planning and what-if scenarios, helping to ensure projects remain on track and within budget |
Monthly cost reconciliation | Regular cost and budget reconciliations are conducted to match detailed monthly costs with the contractor’s monthly certified value. This rigorous control mechanism ensures ongoing cost transparency and accountability |
Commercial agreement flexibility | TacminMadini’s experience in drafting commercial agreements allows for flexible and transparent contract terms, minimizing risks and maximizing project control for the client. This includes options for various contract types, tailored to project-specific needs and conditions |
Predictive modelling and scenario analysis | By applying advanced predictive modelling and scenario analysis, TacminMadini helps clients anticipate potential challenges and adjust plans proactively, reducing risks and improving project outcomes |
In addition to assisting our clients in delivering projects on time and within budget, it is at our project control centres where we connect digital training content with practical and classroom-based learning to ensure competence through technology.
our off-site project control centre
works in close collaboration with
our on-site project control expertise
Sarel Blaauw
senior partner
+61 498 785 165