Feasibility & Pre-FID Governance

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When mining and infrastructure opportunities first emerge, decisions are often made long before the project is technically proven, economically defendable, or aligned with investor expectations. TacminMadini’s Feasibility to Pre-FID Governance service provides a structured, evidence-driven pathway from early concept to decision readiness, ensuring every step is supported by compliant resource declarations, rigorous feasibility assessment, and defined front-end engineering scope. This approach strengthens credibility, clarifies risk, and builds the technical and financial foundation required to secure capital, guide governance, and transition confidently into procurement and delivery.

Why it matters	Investment decisions lose credibility when they are based on assumptions rather than verified data. Incomplete, non-compliant or outdated geological information introduces uncertainty, delays funding and weakens stakeholder confidence at critical decision point
Our focus	We govern the preparation of internationally compliant resource and reserve declarations aligned with JORC, NI 43-101 and SAMREC standards. Geological interpretation, engineering inputs and modifying factors are independently validated to ensure estimates are credible, transparent and defensible across regulators, financiers and strategic partners.
Outcome	Trusted, compliant resource and reserve statements that strengthen financial modelling, support due diligence and give decision-makers the confidence to advance projects on a solid, investable foundation.

Decision governance

Feasibility & Pre-FID Governance

Resource and reserve declarations

Mining feasibility studies

Front-end Engineering Designs

Why it matters	Projects often advance on optimistic assumptions that have not been rigorously tested. Inadequate feasibility work can mask technical constraints, understate risk and misalign expectations with investors and lenders, leading to costly revisions or stalled development later.
Our focus	We govern scoping, pre-feasibility and definitive feasibility studies on behalf of asset owners to establish clear technical, economic and regulatory foundations. Each study is informed by specialist geology, mining, infrastructure, processing, cost, schedule and risk inputs, ensuring assumptions are coherent, transparent and reflective of expected development and operating conditions. Assumptions are independently challenged against execution conditions and investor requirements.
Outcome	Robust, decision-ready feasibility positions that identify risk early, strengthen investment confidence and give stakeholders the clarity needed to advance projects with confidence and discipline.

Why it matters	Projects often progress toward procurement or construction with engineering and cost frameworks that are still too conceptual. Insufficient definition at this stage exposes owners to scope growth, budget escalation and schedule instability once delivery begins.
Our focus	We govern the translation of feasibility outcomes into front-end engineering definition by overseeing integrated, multidisciplinary FEED packages covering engineering, cost, procurement and scheduling. Transparent estimating, risk-based cost planning and execution sequencing are tested and governed to reduce mobilisation risk and ensure disciplines remain aligned to approved delivery logic.
Outcome	Defensible budgets and aligned execution-ready definitions that allow projects to enter delivery with clarity, control and confidence.