Mining Services

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Mining Services

The mining industry is involved in the extraction of precious metals and other geological materials. The extracted material is transformed into a mineral form that serves an economic benefit to the prospector or prospector. Typical activities in the mining industry include mineral production, mineral investment, and mineral trading.

And our role here in the field of mining and mineral extraction is to provide complete equipment and periodic maintenance of the equipment and devices that are used on the site and to provide safety and security factors for the workers on the site and to provide all services that help to operate and deal with the machines.

Mining assets can be divided into two main categories: projects and operating mines.

More About Mining Services

The mining industry accounts for prospecting, planning and permitting the mine, extraction of raw minerals via surface mining and/or underground mining techniques, processing and mineral dressing, and the restoration or reclamation of the mine at the end of its economic life cycle.
Planning and Construction Once a potential mine is proven to be viable, the planning and construction phase begins with applying for and obtaining permits, continuing economic studies, and refining mine plans. Infrastructure development also takes place at this stage as mines are often located in remote areas that require construction of roads and electricity.
Operating Mines Once the operation is ready to begin, the asset officially becomes an operating mine. During this phase, the ore is extracted, processed, and refined to produce metal. This section forms the bulk of the focus of the financial model for an operating mine. Once all the ore has been extracted, the mine closure process begins, which can last for several years. The process includes clean-up, reclamation, and environmental monitoring.

Mining Industry Reserves and Resources

A mining company’s main assets are its reserves and resources, which are the ores that contain economic materials that are viable to mine. It is important to be able to read a reserve and resource statement and understand what information needs to be pulled from it to make the financial model. The table below contains information used to produce the annual cash flow that we build up in the financial model.

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