Operational readiness assurance

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Many projects advance with unverified reserves, unclear mining strategies, weak engineering inputs, or cost assumptions that don’t hold up under operational pressure. TacminMadini’s Operational Readiness and Valuation Governance Assurance addresses these risks by validating long-term value, confirming technical defensibility, and establishing financially defendable positions before execution proceeds. By assuring governance over LOM studies, owner-versus-contractor evaluations, outsourced engineering, zero-profit margin benchmarking, and Independent Engineer’s Reports, we provide leaders with the clarity, evidence and risk visibility needed to move from planning to performance with confidence.

Why it matters	Long-term decisions are only as strong as the reserve base that supports them. Misclassified, outdated or unverified reserves distort mine plans, undermine project economics and weaken credibility with investors, lenders and regulators.
Our focus	We provide governance assurance over Life-of-Mine studies underpinned by internationally compliant reserve declarations aligned with JORC, NI 43-101 and SAMREC. Geological confidence, modifying factors, mine planning, scheduling and project economics are independently tested to confirm that assumptions are realistic, transparent and defensible. Each LOM study is assured to reflect expected operational performance for decision-making purposes.
Outcome	A reliable, investment-grade foundation for funding decisions, long-term strategy and sustainable value creation, giving leadership confidence that future plans are built on reserves that withstand scrutiny.

Operational readiness assurance

Bridging the gap between planning clarity and executable performance

OUR FOCUS AREAS

LOM studies with reserve declarations

Owner vs Contract miner trade-off

Outsourced mine engineering

Zero-profit margin bids

Technical due diligence (IER)

Let’s talk about decision assurance

Why it matters	Mining models are often inherited rather than chosen. Legacy assumptions about owner mining or contract mining can quietly inflate costs, constrain flexibility or dilute operational control over the life of mine. Once embedded, these decisions are difficult and expensive to reverse.
Our focus	We provide governance assurance over owner-versus-contract-miner trade-off assessments, testing total cost, productivity, risk allocation, capital exposure, operational control and long-term strategic fit. Financial models and operational assumptions are independently challenged to confirm what each approach is realistically expected to deliver. Where transitions are considered, pilot approaches are assured and assessed to validate assumptions under real operating conditions before full commitment.
Outcome	Clear, evidence-based direction on the mining model that best supports cost efficiency, performance and strategic objectives, enabling informed decisions that protect value across the life of mine.

Why it matters	Engineering and planning frameworks quietly shape mine performance. Inconsistent methodologies, limited internal capacity or outdated tools can erode productivity, increase operating costs and introduce risk that compounds over time.
Our focus	We provide governance assurance over outsourced mine engineering and planning arrangements across the project lifecycle. Technical standards, planning discipline and performance expectations are independently tested within decision-making frameworks to confirm alignment with approved intent, risk tolerance and operational objectives.
Outcome	Improved planning discipline, stronger confidence in productivity outcomes and reduced operational exposure, achieved through assured use of specialist engineering support while maintaining control of cost, risk and overhead.

Why it matters	Tender decisions weaken when pricing is assessed only against contractor submissions. Inflated rates, embedded margins and unrealistic assumptions can pass unchecked, setting projects up for cost overruns and commercial tension during execution.
Our focus	We provide governance assurance over the development of first-principles, zero-profit pricing baselines for contract mining scopes. Cost components, assumptions and risk allowances are independently tested to establish robust benchmarks. These baselines are used to validate tendered rates, expose hidden risk, challenge assumptions and strengthen negotiation positions before awards are made.
Outcome	Evidence-based contractor selection and sharper commercial decisions, delivering improved cost control, reduced exposure and greater confidence that awarded rates reflect the true cost of delivery.

Why it matters	Capital commitments made without full visibility carry hidden risk. Geological uncertainty, operational constraints, environmental exposure or legal non-compliance often remain obscured when reliance is placed solely on presented information rather than independent verification.
Our focus	We provide governance assurance over independent technical due diligence across geology, mining, processing, infrastructure, environmental and legal domains. Independent Engineer’s Reports are prepared by appropriately qualified specialists in accordance with recognised global reporting standards, with TacminMadini assuring scope integrity, assumption validity and risk transparency. Findings are structured to meet the expectations of lenders, boards, investors and M&A teams.
Outcome	Clear, defensible insight that supports financing, acquisition and strategic decisions, reducing uncertainty, protecting capital and giving stakeholders confidence that risks are understood before commitments are made.