Big Iron Consulting brings substantial Life Cycle Costing experience to projects. We have worked on costing projects with many of the worlds leading mining and mining related companies including Anglo American, BHP Billiton, Caterpillar, Downer EDI Mining, Glencore, Kinross, Newmont, Rio Tinto and Xstrata. We have a substantial and relevant Body of Knowledge and substantional mining equipment cost and performance database that will quickly delivery results for your asset costing project.

1. Big Iron Consulting Pty Ltd
LIFE CYCLE COSTING SERVICES
+61 8 8121 4368
www.big-iron.com.au

2. big-iron.com.au
Introduction
Big Iron Consulting brings substantial
Life Cycle Costing experience to
projects.
We have worked on costing projects with many of the
worlds leading mining and mining related companies
including Anglo American, BHP Billiton, Caterpillar,
Downer EDI Mining, Glencore, Kinross, Newmont, Rio
Tinto and Xstrata.
We have a substantial and relevant Body of Knowledge
that will quickly delivery results for your asset costing
project.

3. big-iron.com.au
Why Big Iron Consulting?
Specialised ‘AMT’ Life Cycle Costing
software from iSolutions
Structured process to develop risk
adjusted life cycle cost models
Comprehensive mining cost benchmarking
database for reference and validation
Qualified asset management personnel
with mining industry experience

4. big-iron.com.au
Life Cycle Costing Software
Big Iron uses iSolutions AMT life cycle costing
software to develop life cycle cost models and
budgets
• Developed for mining and construction assets
• Life cycle models from maintenance strategies
• Scenario and sensitivity analysis
• 100+ packaged industry standard reports
• Cloud based software, access from anywhere
• For more information visit www.isipl.com

5. big-iron.com.au
Proven Methodology
Big Iron has a proven methodology for
developing life cycle cost models
• Mature process for developing life cycle models
from maintenance strategies
• Incorporate contextual risk using a structured
risk review and benchmarking process
• Output as Gross Cost, NPV Cost, Cost per tonne,
Discounted cost per tonne, Equivalent Unit Cost
(ECU)

6. big-iron.com.au
Cost Benchmarking
Big Iron has developed a comprehensive cost
database for mobile mining equipment and
process plant
• Our benchmarking database covers mobile
equipment, process plant, infrastructure and
support assets
• Cost models are updated and benchmarked
with latest cost data quarterly
• Different duty cycles, operating environments
and risk profiles are considered

7. big-iron.com.au
Subject Matter Experts
Big Iron’s people are from the mining industry
and have held senior roles with OEMs, mining
companies and mining contractors
• Network of consultants with mining asset
management experience
• Executed projects for Anglo American, BHP
Billiton, Glencore, Peabody, Kinross, Newcrest,
Newmont, Xstrata Copper
• ISO55000 certified assessors and auditors
through World Partners in Asset Management

8. big-iron.com.au
Case Study: BHP ODX Mine
One of the largest feasibility projects in the world used Eskko life cycle
costing methodologies to model costing scenarios for the mines assets
CUSTOMER PROFILE
BHP Billiton is the world’s largest diversified resource company. BHP Billiton
undertook a feasibility study into the possible expansion of Olympic Dam
Copper/Uranium mine in Northern South Australia.
PROJECT OVERVIEW
Being the largest projects of its type in the world meant that the risks involved in
equipment selection and cost estimation are high. A small variance in input costs can
make a large absolute dollar difference to the overall project cost.
Expertise and systems were provided to build detailed life cycle models of the
equipment. iSolutions AMT Modelling and Budgeting Tool was used to build the
models and the base manufacturer data was validated against the cost and
performance of existing BHP Billiton equipment.
Many scenarios were run to model the risks identified by the project team and
provide a complete estimate of the maintenance department budget and resources.

9. big-iron.com.au
Case Study: Tritton Copper
In an Uncertain Copper Market, Tritton Needed to Accurately Understand
Future Mine Costs
CUSTOMER PROFILE
Tritton Copper Mine is an underground mine in New South Wales owned and
operated by Straits Resources. Ore is hauled from 900m vertical below surface
by diesel truck. The ore is processed in a mill and paste plant and further
refined in a cementation plant.
PROJECT OVERVIEW
Big Iron developed a full mine maintenance budget covering mobile plant, mine
infrastructure and processing facilities. Tritton’s two process plants, 148 items of
mobile equipment as well as mine infrastructure were included in the budget. The
complete budget was developed from first principles in only 5 days.
Big Iron used pre-built life cycle models and cost structures to greatly speed up the
development of the budget.
iSolutions AMT budgeting software was used to build and store the budget. AMT also
allowed the budget to be tracked against actual costs during the year.

10. big-iron.com.au
Case Study: Wilpinjong Mine
As a Low Cost Producer, Wilpinjong Needs to Continually Understand the
Cost of Running Mining Equipment
CUSTOMER PROFILE
Peabody Energy‘s Wilpinjong Mine near Mudgee in NSW is a low cost producer
of high quality thermal coal. The mine produces approximately 12.5mt of
thermal coal per annum for local and export markets.
PROJECT OVERVIEW
Wilpinjong had used an earthmoving contractor to mine for a number of years. In
2013 they decided to purchase their own equipment and do the mining themselves.
We used AMT life cycle cost modelling software to build detailed life cycle cost
models for each type of equipment on site.
The dynamic life cycle cost models (updated monthly from SAP work orders) allow
Wilpinjong to see how they are performing against their cost assumptions and make
changes to the maintenance strategy as required to achieve the lowest cost per
tonne and optimal availability.

11. big-iron.com.au
Clients
Ahafo Gold Mine
Newmont Gold Corp
Ghana
Akyem Gold Mine
Newmont Gold Corp
Ghana
Boddington Gold Mine
Newmont Gold Corp
Australia
Cadia Hill Gold Mine
Newcrest Mining
Australia
Carrington Coal Mine
BHP Billiton
Australia
Cerro Corona Gold Mine
Goldfields
Peru
Christmas Creek Mine
Fortescue
Australia
Conga Gold Project
Newmont Gold Corp
Peru
El Soldero
Anglo American Sur
Chile
Jack Hills Iron Ore Mine
Crosslands Resources
Australia
Las Bambas Copper
Xstrata Copper
Peru
Los Bronces Copper
Anglo American Sur
Chile
Mt Arthur Coal
BHP Billiton
Australia
Olympic Dam Expansion
BHP Billiton
Australia
Prodeco Copper Mine
Glencore
Colombia
Tasiast Gold Mine
Kinross Gold
Mauritania
Telfer Gold Mine
Newcrest Mining
Australia
Tritton Copper Mine
Straits Resources
Australia
Valedero Gold Mine
Barrick Gold
Argentina
Wilpinjong Coal Mine
Peabody Energy
Australia
Yanacocha Gold Mine
Newmont Gold Corp
Peru
Zamin Iron Ore Mine
Anglo Amercian
Brazil

12. big-iron.com.au
Contacts
STUART BURCKHARDT
MANAGING DIRECTOR
stuart.burckhardt@big-iron.com.au
+61 8 8121 4368
www.big-iron.com.au