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BUSINESS IMPROVEMENT

 

 

Business Improvement or BI is one of those concepts that can be hard to pin down. It seems everyone has a different opinion. From QG’s perspective the fundamental promise of business improvement or a business improvement strategy is to make better outcomes for your business. If there are not bottom line, measureable enhancements towards achieving your business objectives then it’s not Business Improvement!

We have a proven track record of helping clients with a wide range of business improving activities including:

  • Risk and variability mapping incorporating spatial and financial risk characterisation;
  • Conducting audits and reviews of resource and reserve estimation practices such as:
    • Sampling and sample coverage;
    • Geological interpretation and domaining;
    • Estimation and reporting practices;
    • Mine design and scheduling;
  • Grade control improvements for better ore/waste allocation decisions;
  • Identification of skills requirements and team design needs.

With a firm focus on applying technical excellence to issues where rock properties affect the mining value chain QG’s business improvement approach allows clients to make improved decisions, decisions that benefit the business and increase the probability of delivering preferred outcomes. We can assist by identifying business improvement needs and implementing business improvement suggestions (either independently or as members of your own BI team).

QG’s approach to business improvement starts at the early stages of the project development pipeline. We believe that better understanding of the nature of your mineralisation (e.g. tonnes, grade, location, and variability) leads to better strategic planning and operational design decisions. It is easier to achieve a better business outcome through early intervention. Design your mining and ore treatment practices to suit the mineralisation instead of trying to back engineer the plant and operation after the ore body surprises you! Our experience shows that even seemingly trivial questions such as the number and types of stockpiles can have material impact on project value and business performance. By improving your geological and mine planning practices at Concept Study, Pre-Feasibility Study or Feasibility Study stages you increase your likelihood of delivering a smoothly operating mine achieving maximum value from the available resource.

Of course business improvement is not limited to the early stages of project development! QG also provide tools, advice and BI implementation services for existing operations. Our BI practice focuses on the operational bottom line issues of:

  • Cost effectiveness;
  • Production assurance; and
  • Revenue maximisation.

Key operational improvement areas that benefit from QG’s involvement include:

  • Sampling and grade control;
  • Reconciliation;
  • Technical team design and management;
  • Project management and delivery;
  • Mine scheduling (short, medium, long term);
  • Geometallurgy;

To discuss how your business can benefit from QG’s business improvement approach, contact us.