Mining valuations with the resource and risk in view.
Independent valuation advice for mining land, operating interests and royalties. Our property and business specialists assess the rights, resource, mine plan and economics behind the value.
The interest and stage of development shape the method.
A mining interest can range from land and a tenement to an operating enterprise or royalty stream. The appropriate analysis depends on legal rights, technical confidence, approvals and the ability to turn the resource into cash flow. We distinguish those interests in the scope and report.
Mining interests we assess
Land and tenements
Property and tenure interests considered with access, approvals and the rights held.
Operating businesses
Producing assets examined through output, prices, processing, costs and future capital needs.
Royalties and disputes
Royalty streams and other interests valued for transactions, reporting and contested matters.
Technical and commercial inputs need to align.
We examine the supporting reports and financial assumptions, with technical matters identified where specialist input is needed.
- Title, tenements, permitted activities and operating conditions
- Geological reports, resource and reserve classifications
- Mine plans, recovery, production and remaining life
- Commodity prices, contracts and revenue assumptions
- Operating and sustaining capital expenditure, closure obligations
- Royalties, market transactions, discount rates and sensitivities
A defined scope, then tested assumptions.
The valuation is built around the interest and technical information available.
Define the rights
Confirm the asset, ownership, purpose, valuation date and technical material.
Analyse the operation
Test production, market and cost assumptions against the evidence and mine plan.
Reconcile the result
Apply suitable valuation methods and explain sensitivities, risks and limitations.
Questions we’re asked.
Speak with a valuer if your matter needs a more specific answer.
Do you value both mining land and a business?
Yes. We agree which property, operating and other interests are included before work begins.
Can you value royalties?
Yes. We analyse the agreement, expected production, mine life and risk attached to the income stream.
Do you prepare resource estimates?
We review and rely on appropriate technical information for resource estimates; the valuation scope identifies any specialist input required.
What information should we provide?
Tenement and permit records, geological and mine plans, production history, financial forecasts, contracts, capital plans and closure information are often relevant.
Discuss the asset and the rights to be valued.
Tell us the location, interest, purpose and available technical information. We will confirm scope, fee and timing.