Data Analytics applied to the mining industry

ABOUT US OUR VISION OUR GOAL AND IDENTITY

R&O ANALYTICS is a global boutique all-in-
one emerging tech consultant company
providing advanced applied data science and
engineering services to the mining industry.
“We use data analytics to allow for better
business decisions based on verified information”
R&O ANALYTICS’ vision is to become the
new kind of applied science-engineering
boutique consulting firm of choice for the
mining industry, committed to enhancing
their business by recognizing and
developing new product and business
opportunities through emerging
technologies.
R&O ANALYTICS’s goal is to provide practical and
effective solutions and advice that looks beyond
traditional techniques, where our consultants
guide our clients through the challenges
confronting them today and prepare them for
tomorrow. We are more than consultants. We
are data scientists, engineers, software-algorithm
engineers, economic analysts and more.

IMPROVING PROJECT EXPECTATION IN THE FACE OF UNCERTAINTY

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.

For this reason, at R&O Analytics we have the experience and solutions to improve mine project expectations based on
analytics and optimization processes that cope with uncertainty and risk within the mine evaluation process.

OUR MINE PLANNING AND OPTIMISATION SOLUTIONS

APPLIED DATA ANALYTICS TO ANALYSE AND IMPROVE PROJECT PERFORMANCE

Data analytics (DA) is the science of examining raw data with the purpose of drawing conclusions about that information.

At R&O ANALYTICS we use data analytics to allow mining companies and organizations to make better business decisions
based on verified information. Data analytics is distinguished from data mining by the scope, purpose and focus of the
analysis. Data miners sort through huge data sets using sophisticated software to identify undiscovered patterns and
establish hidden relationships. Data analytics focuses on inference, the process of deriving a conclusion based solely on
what is already known by the researcher.

OUR DATA ANALYTICS SOLUTIONS IN MINE PLANNING AND OPTIMISATION

R&O ANALYTICS PTY LTD

Tel: +61 (0) 439 903 728 Fax: +61 7 3378 6034 contact@randoanalytics.com
 Data Analytics applied to the mining industry

Mineral resource analytics  Identification of data deficiency and high risk/potential

R&O ANALYTICS Integrated PPS solution covers the following areas (i.e., high/low grade variability, limited
stages: metallurgical design confidence and high/low cash
 Corporate guideline and strategy. flow).
 High level risk analysis.  Upside/downside potential.
 Assessment of project options.
 Decision making. Metal price analytics
The solutions we provide are:
Mine planning optimisation  Chart historical and live market commodity (metals
R&O ANALYTICS solutions for mine planning optimisation and non-metal) data.
covers the following:  Market information analysis for metal prices, i.e.,
 Mine plan and design selection, mine project historical, spot, future and forward prices, including:
throughput analysis (i.e., block /panel size selection and  Price trend analysis and estimation
reserve estimation).  Price Volatility analysis and estimation
 Mine production schedule.  Modelling and forecasting metal prices using both
 Cut-off grade optimisation (Static/Dynamic). Monte Carlo simulation and Binomial lattices.
 Upside/Downside analysis.
 Profit and loss risk analysis Options and strategy analysis
The solutions we provide are:
Cash flow analysis  Assessment of existing decision-making tools and/or
The solutions we provide are: assistance in developing an Options/Decision-making
 Technical economic valuation of mine and exploration framework.
projects.  Determination of technical and economical
 Cash flow modelling and building (Excel – spread sheet). parameters for inclusion in evaluation models based
 Discount rate analysis and estimation – WACC and on uncertainty.
CAPM.  Scheduling and prioritisation of decision pathways or
 Cost modelling and optimisation. projects based on a qualitative and quantitative
 Key project indicators (KPIs) Sensitivity and Scenario metrics.
analysis.  Developing investment timing strategies including
 Financial modelling and Cost/Benefit analysis. optimal trigger values, cost or revenue drivers.
 Due diligence and preliminary economic assessment.
 Technical and compliance reporting (JORC Code, NI 43-
101).
Quantitative risk analysis
The solutions we provide are:
 Identifying and quantifying project sources of
uncertainty.
 Risk assessment, measurement and management.

R&O ANALYTICS PTY LTD

Tel: +61 (0) 439 903 728 Fax: +61 7 3378 6034 contact@randoanalytics.com