Budgeting & Cost Control
Asset Management
The mine site budget is the backbone of the operation and is often how success or failure are measured. With 30-40% of a LoM budget being asset related costs, it is critical to start with a good base.
We are experts in LCC cost modelling. Our team has been accountable for $800M+ PA budgets using the LCC and ZBB process to align group wide cost and performance across multiple operations.
RMM has proprietary cost models for a large number of mining fleet models. This saves you time and money while increasing the accuracy of your budgeting process.
Mine Site Feasibility Studies
- RMM’s Asset Management team are experienced in large mine site feasibility studies across multiple commodity types, in both surface and underground operations (including Block Cave).
Zero based budgeting (ZBB)
- RMM believe ZBB should be the basis of all operating budgets and is able to assist your operation with a benchmarked ZBB budget for your maintenance overheads and fleet.
Life of Mine (LoM) fleet operational costs and capital replacement forecasts
- With 30-40% of a LoM budget being asset related costs, it is critical to start with a good base.
,RMM can assist your team or totally outsource the LoM equipment costing for you.
Life Cycle Costing (LCC)
- RMM are experts in LCC cost modelling. Our team has been accountable for $800M+ PA budgets using the LCC and ZBB process to align group wide cost and performance across multiple operations.
- RMM has proprietary cost models for a large number of mining fleet.- This saves you time and money while increasing the accuracy of your budgeting process.
- RMM can also develop your life cycle cost modelling utilising our inhouse LCC model.
Labour Estimating
- Proprietary labour modelling tool for benchmarking and budgeting your site
Cost Review
- Whether you need to reduce your budget by 10% without increasing your risk profile or need to understand why your assets are tracking over budget, RMM can assist to reduce or analyse overspends and get the budget back on track.
Cost Modelling services
- Total Cost of Ownership (TCO)
- Net Present Cost (NPC)
- Net Present Value (NPV)
Asset Management M&A
- RMM team are experienced in Asset Management due diligence and subsequent Integration lead on $2.7B Yancoal – Coal and Allied M&A.
- Our team has conducted various due diligence projects undertaken in the resource industry.