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      MONEY MINING & SUSTAINABILITY SEMINAR      
"The Whittle Consulting approach challenges traditional methods of mine management, is proven to optimise cash flow and add significant value to mining projects. This is well worth attendance and is highly recommended." - John Meyer, Head of SP Angel London
"It is no exaggeration to say that the Enterprise Optimisation techniques that you presented during the course (namely the integration of activity based costing, theory of constraints, and sustainability considerations) constitute one of the most significant innovations that I have seen in almost 30 years of experience in the mining industry." - Peter Knights, Professor of Mining, Queensland University
Gain the Latest Insights in Business Planning
  • Releasing value through better planning decisions
  • Exploring the latest developments in optimisation for the mining industry
  • Simultaneously optimising the whole value chain: mining, mineral processing, logistics, production and capital
  • Incorporating sustainability considerations: social, political & environmental
  • Planning and optimisation with geological uncertainty and volatile metal markets
  • Operational and cost modelling techniques for optimisation
  • Theory of constraints for mining
  • Implementing an effective planning process
Overview:
Effective long term planning can enhance the value of a minerals business by 5% - 35% or significantly more. This seminar details an optimisation methodology that involves 10 distinct mechanisms, which when applied simultaneously can produce counter intuitive results that challenge conventional thinking on how to run a mining and mineral processing business. Covering the latest developments in optimisation methods, the subjects span mine design and scheduling, cut-off grades and stockpiling, plant configuration, product specification, logistics and capital scaling, a comprehensive approach to managing risk and uncertainty, strategic optimisation and modelling techniques, theory of constraints as it applied to a minerals business, advanced cost modelling, and implementation/change-management. The result is a comprehensive approach to asset management.
2017
23 & 24 January - Melbourne, Australia
23 & 24 February - Brisbane, Australia SOLD OUT
2 & 3 March - St-Laurent, Quebec, Canada Online Registration Download Form
23 & 24 March - Perth, Australia Online Registration Download Form
15 & 16 May - London, UK This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it
18 & 19 May - Toronto, Canada This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it
25 & 26 May - Denver, USA This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it
29 & 30 May - Johannesburg, South Africa This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it
10 & 11 July - Lima, Peru This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it

Download 2017 MONEY MINING Seminar Brochure



CORPORATE GLOBAL DEALS

The below list of companies have a corporate global deal in place which entitles all staff worldwide to a 50% discount off the standard registration cost. If you wish to register for the seminar and your company is listed below, please email Stephanie Jones at This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it for the discount code that will need to be applied during your online registration.

African Rainbow Minerals Freeport Mantos Copper
Anglo American Fortescue Metals Group Mitsubishi
AngloGold Ashanti Glencore MMG
Antofagasta Minerals Goldcorp Newmont
Areva Resources Goldfields Panoramic
B2Gold Hydro Chile Rio Tinto
Barrick IAMGold Sheffield Resources
BHP Billiton IGO South32
Codelco Iluka Resources TECK
CSIRO Kinross Vedanta
Endeavour Resources Lonmin Vimy Resources

IN-HOUSE SEMINARS

The 2 day Money Mining seminar can also be presented exclusively in-house.

To request a proposal detailing the fees for an in-house seminar
please email This email address has been hidden from Spam Bots, you will need JavaScript enabled to view it

The following companies have held in-house Money Mining seminars:
Agincourt Resources - Martabe Gold Mine, Arete Capital Partners, BHPB - BMA, BHPB - Iron Ore, Fortescue Metals Group, Glencore - Mt Isa, Goldfields - South Africa, IAMGold, KBL Mining, Ma'aden Gold, Ma'aden Phosphate, Peabody - Coal, Rio Tinto - Coal, SKM, SLN, South32 - Colombia, University of Queensland, Xstrata - Coal


SEMINAR AGENDA

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SEMINAR OUTLINE DAY ONE
  1. INTRODUCTION
    • Introductions/Objectives/Participation/Workbooks
    • The “MONEY MINING” philosophy
    • The “SUSTAINABILTY” framework
    • Defining Value – NPV
    • Pros and Cons of NPV
  2. OPTIMISATION MECHANISMS Steps 1 – 6
     
    Open Pit Case Study: Introduction
    1. Base Case life of mine plan
    2. Pit optimisation: Lerchs-Grossman
    3. Phase/pushback selection
    4. Mine schedule
    5. Cut-off grade: Ken Lane
    6. Stockpiles
    7. Blending
  3. OPTIMISATION MECHANISMS Steps 7 – 10
    1. Process plant calibration(grind/throughput/recovery)
    2. Product specification
    3. Logistics
    4. Capital scaling
    Implications
  4. UNDERGROUND CASE STUDY
    • Grade tonnage curves
    • Stope design criteria
    • Mine scheduling
    • Variable cut-off strategies
    • Maximizing value
  5. CASE STUDIES
SEMINAR OUTLINE DAY TWO
Recap Day 1
  1. ACTIVITY BASE COSTING
    • Types of cost accounting
    • Traditional Fixed/variable/capital costs
    • Activity Based Costing
    • Identifying attributable, period, capital costs
    • Frontline, support, backline activities
    • Examples
  2. THEORY OF CONSTRAINTS
    • The production line, impact of bottlenecks
    • Theory of Constraints: Eli Goldratt
    • Mining case study
    • Recommendation 1: Defining constraints
    • Recommendation 2: Treatment of period costs
    • Recommendation 3: Grade control methodology/Grade Bins
  3. SUSTAINABILTY Step 11
    • The “Five Capitals”– Sustainable Development Balance Sheet
    • SUSOP – Sustainable Operations
    • Integrating EO/SUSOP
  4. RISK and UNCERTIANTY Step 12
    • Sources of uncertainty
    • Modelling uncertainty
    • Measuring the impact of uncertainty
    • Monte Carlo and Optimisation
    • Real Options
    • Hedging
  5. MONEY MINING and SUSTAINABILTY IMPLEMENTATION
    • Technical barriers – data, software
    • Organisational/human barriers – “It’s a Minefield”
    • Strategic to Tactical operational considerations
    • The ideal planning process – when and how
    • Where to next?

QUOTES FROM PREVIOUS ATTENDEES

"The future of mining"

"A revolutionary way of thinking"

"Eye opening & thought provoking"

"Every serious mining professional should attend"

"Well organised, relevant and challenging existing paradigms"

"No feasibility study should be done without these principles"

"In 2 days Gerald changed 25 years of traditional mining thinking and principles"

"Hard to believe so few mining companies follow these concepts, the potential is huge"


SEMINAR PARTNERS
Mining Sense MAC Consulting AusIMM Edison JKTech InnovExplo Partners in Performance GEOVIA VBKom PT SMG Consultants

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