MINERAL EXPLORATION & MINING OPERATION PROCESS DEVELOPMENT
Mineral exploration and mining operation expenses reach ceiling levels in a short time after enforcement. Therefore, it is important to make the right decisions before things get bigger and to start work with the most appropriate standards possible to prevent unnecessary expenses. It is also very difficult to decide whether to implement stop-loss action while the project is ongoing. Or you feel that your expenses will be more than you expected, and you become burdened with spending even more with your recovery efforts. Although not as much as a proper mining with a clean start, there is of course a way out of negativity at every stage. Regardless of the size of your activities, taking the following steps into consideration is no longer a luxury for any institution.
Aim
Whether you have been doing mineral exploration activities for years or you are just rolling up your sleeves, you must have a purpose like investing in any commodity (Gold, iron, lead, zinc, copper, etc.). You should evaluate your expectations on metal prices during the period you aim to hold the property. You may also need to compare the capital you will invest with the possible income you can earn from different sectors or commodities. Your equity capital and real estate, as well as your successful or unsuccessful past mining experience, can carry you into the future. You may ask yourself why you trust the property you have. Compared to unsuccessful examples, a sincere answer you can give to the question “What is our difference from other initiatives so that we can be successful?” can add motivation to your goal.
Let the System Help You Make Decisions
You have or want to establish a geology team for exploration or operations. You can decide whether the right choice for you is the past experience of the staff or the point they will reach in the future, in short, whether your team will be traditionalist or innovative. This should just help you build your decision system. Negative drilling results or on the contrary; After a few positive examples, sudden stop-go decisions should not be left to individuals or investors. Instead of being unable to keep one’s word, personal stubbornness, and people under the influence of daily emotional intensity, the system you will create should decide all these.
The Fundamental of the Quality System is Documentation
No matter what stage of investment you are in, there will definitely be a change of blood in the team. Or it is possible that your old staff, who have been doing the same job for many years, are prone to job blindness and closed to innovations. The fact that the instructions are written step by step somewhere (Procedure, instruction, etc.) is extremely effective, especially in terms of working efficiency and occupational safety. Because if your staff is aware of such a procedure, it will directly contribute to the proper functioning of the geology department, which requires unerring discipline.
Although periodic in-department training meetings may seem boring, their benefits are undeniable. The process discussed in these meetings can remind staff to make suggestions for the improvement of the process. Contributing to the development of your staff will result in the staff owning the job.
All the Data You Obtain: Labor and Cost
Every sampling you make, every photograph of the outcrop you see, the taste of the food you ate at the restaurant you visited amongst fieldworks… Or grade control, daily stock reports of process plant feed, production statistics and performance data… The staff meticulously, disciplinedly, nightly to collect this data. The most important question we will ask for all the data you obtain in field or production work is: “How can I access it in the easiest way when the time comes?” Our first job should be to create an error-free input interface by creating the most appropriate format and make it accessible to everyone involved. The necessary formulation and ease of access are another criteria. The entire team can now have the same data and hold result-oriented meetings. The term “brainstorming” will have a meaning after these facilities. With the support you will receive, you can create these standards and make the development sustainable in the process through training.
A simple network (Network) that your staff can access with their computer, a network-connected server (NAS) and remote/close access. Instead of stabilizing your database with package or custom applications, you can use the already installed and easily developed MS Excel and embedded Visual Basic applications. “Spreadsheet” has become an indispensable form of analysis and use for geology and mining, where sometimes hundreds of thousands of cells of data are used. It will make your work much easier if your staff uses these applications to develop applications that suit your needs firsthand.
Now You Can Move Forward With Determination
You started with a purpose, now you have a story. You have supported all the elements with support points suitable for your purpose. All your data is always under the control of your changing and evolving team. The authorization you give to your staff is directly proportional to the responsibilities you give them. Because technical decisions are not made entirely by people’s feelings, but by brainstorms supported by the solid foundations of your system. The results you obtain during the process, ready-made reports and data, instantly show you where there are problems.
You can now see the point at which you need to stop loss for your exploration and operating activities and when you need to expand your investment. You have fully built the corporate entity, you have decided to move forward, do not give up on your goal until you achieve success.
No matter your mining investment requirements, commodity (Au, Cu, Pb, Zn, Fe, Sb, etc.), or mineralization origin, don’t hesitate to reach out to us. Let us listen to your needs, craft a roadmap for your goals, develop a strategy, and execute it together.
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Istanbul - Izmir - TÜRKİYE
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