1. BME company presentation, 2016
Blast Mining Enterprises
Reliable, cost effective, innovative consultancy services for
the Mining Industry
2. Cautionary statement
This presentation has been prepared by Blast Mining Enterprises (“BME”). By accessing/attending this presentation you acknowledge that you have read and understood the following statement.
Confidentiality
BME respects the general confidentiality of its (potential) Clients confidential information whether formally agreed with them or not and BME therefore expects the contents of this document to be treated as confidential
by the Recipients. The Recipients may not release the technical and pricing information contained in this document or any other documents submitted by BME to the Recipients, or otherwise make it or them available to
any third party without the express written consent of BME.
Copyright
Copyright (and any other applicable intellectual property rights) in this document and any accompanying data or models which are created by BME are reserved by BME and protected by international copyright and other
laws. Copyright in any component parts of this document such as images is owned and reserved by the copyright owner so noted within this document.
Forward-looking statements
This document contains certain forward-looking statements with respect to the business of Blast Mining Enterprises. The words “intend”, “aim”, “project”, “anticipate”, “estimate”, “plan”, “believes”, “expects”, “may”,
“should”, “will”, “target”, “set to” or similar expressions, commonly identify such forward-looking statements.
• Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors set forth in this presentation.
• For example, future business in which BME is involved is dependent on a number of factors and may vary significantly dependent on the timing and feasibility of projects in which BME is involved. Other factors include
the ability to produce and transport products profitably, demand for our products, changes to the assumptions regarding the value of our tangible and intangible assets, the effect of foreign currency exchange rates on
market prices and operating costs, and activities by governmental authorities, such as changes in taxation or regulation, and political uncertainty.
• In light of these risks, uncertainties and assumptions, actual results could be materially different from projected future results expressed or implied by these forward-looking statements which speak only as to the date
of this presentation. Except as required by applicable regulations or by law, BME does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information
or future events. BME cannot guarantee that its forward-looking statements will not differ materially from actual results.
Liability
BME acts as a consultant and is not liable for any decisions made based upon this document. Liability for goods and services is limited to the value of the goods and services provided to it past, current, or prospective
Clients.
Disclaimer
Neither this presentation, nor the question and answer session, nor any part thereof, may be recorded, transcribed, distributed, published or reproduced in any form, except as permitted by Blast Mining Enterprises. By
accessing/ attending this presentation, you agree with the foregoing and, upon request, you will promptly return any records or transcripts at the presentation without retaining any copies.
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3. Overview
• Introduction
• Our DNA
• Services offered
• Our work
• Business model
• Contact details
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BME commodity experience
4. Introduction to Blast Mining Enterprises
• BME was founded in 2010 in Amsterdam, in the Netherlands
• Private business owned by its employees
• Today BME consists of three business units:
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Consultancy Products Investments
Covered in this presentation
5. Our DNA (1/2)
Our mission
We consider it a privilege to serve a wide range of Clients from the Mining
Industry and provide reliable, cost effective, and innovative solutions in a timely
fashion.
Our vision
Minimize Industry impact on our environment whilst increasing safety,
improving production performance, and reducing risks involved.
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6. Our DNA (2/2)
Our approach
Projects pursued present synchronous improvements to:
• Improve health, safety, and environmental issues
• Increase financial performance
• Optimize technical feasibility and operational risk
Our impact
These pillars protect long term projects from the rigors of economic
cycles, increase the project potential for success, and
maximize the competitive advantage attained.
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8. Our work – Mine Design (1/4)
Whittle™ pit shell optimization
• BME determines which part of a resource
can be extracted economically.
• Estimations are based on the geology,
primary mine design criteria, commodity
prices, and exchange rates.
• Results are optimized based on feasibility
study outcomes.
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Whittle™ optimization outcomes for a base
metal mine depicted with Surpac™ software
9. Our work – Mine Design (2/4)
Greenfields project mine design
Mine designs are based on the optimal economic contours defined by WhittleTM
pit shell optimization, safety, and other practical operational considerations.
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Mine designs for a gold project
10. Our work – Mine Design (3/4)
Brownfields project mine design
BME also creates designs for mine extensions or optimizations based on
continuous business improvement principles, such as designs for a limestone
quarry extension depicted below.
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Existing excavations Ultimate pit designIntermediate design
11. Our work – Mine Design (4/4)
Mine scheduling
BME schedules how to extract the reserve safely, economically, at minimal risk,
and bearing in mind site specific constraints. The phased approach depicted was
developed to support the exploitation of a limestone quarry for which the start
of excavation preceded the removal of a water main.
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Initial excavation Ultimate pit after water
main removal
Overview level access
12. Our work – Feasibility studies (1/3)
Feasibility studies
BME carries out various level
feasibility studies for projects in a
wide range of commodities:
• Scoping studies
• Pre-feasibility studies
• Feasibility studies
• Due diligence
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Overview of the stripping ratio for varying LBMA
Au prices (fictional example)
13. Our work – Feasibility studies (2/3)
• Activities include sizing of
processing facilities, equipment,
and material handling
infrastructure based on mine
design and optimization outcomes.
• Main project drivers are identified
through sensitivity analysis carried
out on the discounted project cash
flow.
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Sensitivity analysis (fictional example)
14. Our work – Feasibility studies (3/3)
BME also engages in strategic project portfolio selection. Evaluations are
based on scoping, pre-feasibility, or feasibility study outcomes.
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Strategy based project portfolio selection (fictional example)
15. Our work – Business improvement (1/3)
Business improvement
• BME starts by observing existing
processes in place and the time
required to carry out repetitive
activities.
• Cycle time analysis results are often
fundamental to quantify and
visualize potential gains achieved by
applying continuous business
improvement principles.
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Cycle time analysis for an underground potash mine
(fictional example)
16. Our work – Business improvement (2/3)
BME identifies bottlenecks and their causes based on analyses of avoidable
losses and establishes where additional equipment or the use of superior
processes or technology have a beneficial impact.
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Analysis of avoidable losses (fictional example)
17. Our work – Business improvement (3/3)
These are areas in which BME optimizes the value chain.
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BME value chain optimization activities
18. Our work – Mergers and acquisitions
BME provides support for mergers and acquisitions:
• Financial modeling
• Process support
• Market analysis
• Due diligence
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19. Business model and timeframe
BME engages in clear and simple working relationships:
• Project based work:
• Based on a fixed hourly rate
• Based on a lump sum figure agreed upfront
• Based on an equity stake agreed upfront
• Weekly progress reports indicating activities carried out & hours worked per
project
• Invoicing on a monthly basis with payments within 30 days of receiving an
invoice
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20. Contact details
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Blast Mining Enterprises
Marnixkade 99A, 1015 ZJ Amsterdam, the Netherlands
Chamber of commerce number: 650.925.70
Primary contact
Willem Blaisse, partner
Mob: +31622015563
Email: jwblaisse@blastminingenterprises.com
Website: www.blastminingenterprises.com
