Please click on one of the following links to read the case studies.
1. Gold Mine Cost Reduction
Situation
- WA gold mine reporting high costs and inability to meet production targets
- High employee turnover (44%)
Process
- Optimise rostering arrangements to improve retention and morale
- Review current cost saving ideas and production initiatives, assist with new ideas
- Implement mine to mill process to improve production and quality
- Implement projects to increase production and lower cost structure
- Adjust existing process (high stockpiles) to a just-in-time (JIT) process to reduce operating costs
Result
- “I'd like to thank you guys for your assistance during the year. We're having a terrific final quarter and in the last 6 months have completely turned (our mine) around through our measured approach to cost cutting and recruitment, a very successful Drill and Blast QA/QC program and the Just-in-Time ore delivery strategy. Momentum played an important part in bringing those ideas and strategies to fruition.”
Evaluations Manager
2. Large Mine Accomodation Strategy
Situation
- Very large WA mine entering construction but no firm accommodation strategy agreed
- A number of concerns about ability to meet accommodation needs
Process
- Review feasibility study assumptions
- Review effect of changes to project schedule on feasibility study assumptions
- Assess in light of current industry climate
Result
- Housing gap of 300-600 units of accommodation identified, depending on assumptions.
- Gap projected not to close until 3 years after commencing production
3. Feasibility Study Flight Costing
Situation
- 360 Mt resource mine in feasibility study
- 1500 peak manning in construction
- Impact on flight costs of roster selections unknown
Process
- Review industry flight costs/options
- Review airstrip capital requirements for each aircraft
- Analyse costs based on a range of assumptions/options
Result
- Optimal aircraft identified and cost estimate prepared
4. Mineral Sands Scoping Study
Situation
- Mineral sands mining company reviewing options for improving mine life by increasing mine production from 15Mtpa to 40Mtpa
Process
- Review all potential strategies for mine development
- Apply as required benchmark and first principle derivation of unit costs
- Review historical reserve/ resource conversion factors
- Apply Monte Carlo financial analysis to derive NPV ranges
Result
- Significant improvement in project economics at lower grades enabling a resource of 600Mt and sustained output of finished product
5. Large Underground Base Metal Mine
Situation
- Base metal mine suffering low production
- Inadequate mid and long term mining plans
- Mining contractor/ client relations poor
Process
- Project manage the reopening of an old mine
- Review business planning processes/ recommend solutions
- Review alterative and upgraded data capture and reporting processes/ recommend solutions
- Review contract document and update to reflect current needs
Result
- Reopening of old mine on schedule
- New data processes capturing live data
- Revised contract document/ contract management processes