Responsible area · Corporate Finance, Investments and Projects
Which initiative returns the most, and at what risk?
The highest returning initiative, ranked against the mine plan and with its range of outcomes quantified before approval.
This is where the capital decision gets made. The value tree ties every initiative to the mine plan, Value Improving Practices scrub the scope while changing it is still cheap, and simulation puts a probability on the outcome before the investment is committed.
- Orebody modeling and resource estimationLess uncertainty in the head grade the plan promises.
- Value Improving Practices (VIP) managementCapital projects reach execution with the scope already scrubbed.
- Financial risk modeling with Monte CarloYou see the real odds that the project delivers its promised number.
