Financial modeling for operating mines: short-form evaluation techniques

Abstract

For operating mines, the market or mining conditions can unexpectedly change requiring quick decision making and adjustments under time and environment pressure. Conducting a thorough complex DCF analysis is a very long process that can lead to inefficiencies and erroneous decisions during critical and pressuring conditions. An organized and well-structure financial model for operating mines can be streamed down with short-form evaluation techniques, VBA Macros, and quick reporting tools to quickly conduct DCF and sensitivities analyses of mine plans to speed up the assessment of how the operating mine can adjust to these unexpected changes.