At R&O ANALYTICS we understand the importance of mine project evaluation for mining firms (and other companies) investing in mineral assets when making final go/no-go investment decisions. Every mining business/project faces unique and complex problems arising throughout the project life; one of these being the uncertainty in future operational and economic variables, such as prices, grades, qualities, and costs.

We also understand that mining organisations that don’t cope with chance and uncertainty, and don’t use analytics and optimisation techniques within the evaluation process are relying more heavily on instinct to make critical final decisions. The result of this practice tends to be more subjective, spurious, lack rigor and producing poorer outcomes.