Independent technical reviews
Mining companies find themselves needing external review or independent support when considering the purchase of a mining asset, entering into a joint venture or during mergers and acquisitions. External audits or reviews are often required for governance purposes and Cube can assemble an experienced team to assist.
Our team of geologists and mining engineers are experienced reviewers and can provide an independent and well-informed assessment of issues or risks.
Our Cube engineers are frequently called upon to conduct a range of activities from a fatal flaw desktop analysis through to full project due diligence. This process involves reviewing all technical aspects of the project to date. For example, a reconciliation of reserves to previous mine production may be required, or an evaluation of an existing mine schedule given the physical constraints.
Our team specialises in independent technical analysis and review of the practical application of the mine design and production schedule.
Our Cube geologists are experienced at all levels of project review and due diligence to identify opportunities, characterise risks and fatal flaws, evaluate the possible impact of each and provide recommended measures for risk mitigation of geological and mineralisation models.
From conducting exploration strategy reviews through to checking the veracity of previously defined resources, the Cube geology team will appraise the project, examining at the appropriate level of detail interpretation, compositing, top-cutting strategy, estimation methodology and classification.
We also provide Independent Geology Reports as part of a listing or capital raising.
As part of our service, we may investigate and communicate to you regarding areas where further drilling could increase confidence levels and help to quantify the work required to upgrade your existing resources. We may recommend a first-principles review of QAQC, sample collection and preparation procedures and database management practices, or estimation parameters and methodology could be investigated to ensure a thorough review has been conducted and risks have been assessed and reported.
Cube consultants look at all aspects of project geology to ensure material issues and fatal flaws are brought to light.