IRR is a key metric for evaluating investment decisions. But to my knowledge, existing software does not directly support its maximisation. The post outlines a simple workaround.
NPV is a great tool. But used blindly it might not give the outcome you need for your project. In this blog, Tarrant Elkington, Global Manager, talks about the power of incremental analysis.
Industrial minerals – we can’t live without them – but what are they? This article was written by Executive Consultant Andrew Scogings
As part of a retrospective over a somewhat disparate reconciliation career, including time in the oil patch as a refinery economist and multiple front-line operational roles for base and precious metal miners,Snowden’s Geoff Booth thought a reflective commentary on some of the bigger reconciliation bugbears he’s repeatedly encountered along the way worthy of a blog or three.
Mining company reports often mention geophysics programmes and the terminology is usually not explained. I have listed common techniques and attempted to explain each simply. The most important thing to remember is that none of these techniques identify the location, grade or volume of mineralisation. Rather, geophysics identifies a likely location for mineralisation for the geologist to examine further. Any geophysical target should be initially followed up by boots on ground geology (even targets beneath cover).
This article was written by Snowden’s Global manager, Tarrant Elkington. It is easy to forget, or take-for-granted, the foundation elements for your area of expertise. The blog looks at patient zero for mine optimisation. I was in a meeting many years ago working through some optimisation mathematics on the whiteboard with some colleagues. It looked something like this – please don’t worry about the detail. Midway through this review, my boss at the time saw one of our clients appear at a window and he jumped up, bringing him into the room. He pointed enthusiastically at the equations and said: “Look at this thing on the board… this is going to be a … Read More
Everyone is involved in optimisation in one way or another, but it is often ad-hoc. Could adding some structure and focus help you to achieve better outcomes? Click here to read more
If you are planning to invest in a mining company you might be interested in Snowden’s Principal Consultant, Jeremy Peters, insights as to contractor vs owner operator, read his article ‘Contractor vs owner operator – the price of everything and the value of nothing?’ here.
Part 4 of our Project Management series presents a simple method for planning your projects. Although first published in 2011, this article provides a number of helpful tips that can still be applied to projects today.