Project Due Diligence

Mitigate common challenges for mining projects, ensuring that procurement strategies, budgets, and timelines are realistic, achievable, and aligned with the over-arching project execution plan.

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Avoiding Mining Project Challenges

Too often, mining projects fall short of their economic predictions, plagued by unplanned or overly optimistic timelines and budget estimates. These issues can result in project delays, cost overruns, and failure to deliver on promised production guidance, leading to significant financial write-downs and erosion of shareholder value. Simply stated, without a solid execution plan, the goals of precise planning, realistic execution, and a well-aligned budget can quickly become unattainable. This can leave mining companies grappling with unmet targets and disappointed stakeholders, a situation that can be avoided with the right approach.

Mining Project Complexities. Solved.

At TMG, we understand the complexities of mining projects and companies’ pressures to deliver on ambitious production goals. Our detailed project due diligence process assures project viability, reduces financial risks, enhances project delivery, and empowers you to make informed decisions confidently.

Your success is our mission.

Assured Project Viability

We help increase the likelihood of project success by ensuring alignment between project execution plans, procurement strategies, and budgets.

Reduced Financial Risk

Our due diligence process minimizes the risk of post-acquisition write-downs and financial losses due to unmet production targets.

Informed Decision-Making

We provide the insights needed for informed decision-making, allowing you to move forward confidently.

Enhanced Designs for Execution

TMG’s clients have realized over $196M in project under-runs through the implementation of design optimizations identified as part of TMG’s Project Due Diligence Reviews.

Enhanced Procurement Partnerships

TMG managed packages have been successfully awarded $65M under the established budget for the procurement of goods and services.

Enhanced Construction Delivery

TMG managed projects have realized over $127M in savings through the proper packaging and contracting of construction services.

Comprehensive Project Review:

We thoroughly evaluate your project’s execution plans and procurement strategies to ensure they are realistic, feasible, and aligned with your project schedule and budget. We also deep dive into the details to ensure your plans can withstand the complexities of large-scale project execution, avoiding delays, cost overruns, and failures.

Realistic Roadmap Development:

We craft and deliver an achievable roadmap outlining clear steps for success. This roadmap is designed to minimize risks by identifying potential pitfalls early, incorporating necessary contingencies, and ensuring your project remains on track from start to finish.

Execution Plan Viability Assessment:

We rigorously test your execution plans against the proposed budget and timelines, ensuring that all elements, from resource allocation to scheduling, are realistic and achievable. This action helps prevent issues that lead to unmet production targets and significant post-acquisition write-downs.

Procurement Strategies Alignment:

We ensure your procurement strategies are strategically timed, cost-effective, and perfectly synchronized with your project’s overall schedule and financial constraints. This alignment reduces the risk of costly delays, resource shortages, or escalations that could threaten your project’s success.

Scope Rationalization & Budget Alignment:

We define and deliver a justified project scope that aligns with your budget and objectives. Ensure all project components are essential, streamlined, and within budget. This approach prevents scope creep, avoids unnecessary complications, and keeps your project on track for success.

Unrealistic Timelines & Budgets Correction:

We provide and implement a realistic and feasible project execution plan that addresses and corrects overly optimistic timelines and budgets. This will ensure your mining project stays within budget and meets its economic predictions, avoiding common pitfalls like delays and cost overruns.

The Road to Project Success Begins Here

Ready to ensure the success of your next mining project? Contact TMG today to learn more about our Project Due Diligence Service and how we can support your project goals.