Mining

Corality’s mining team works with explorers, project developers, investors and established producers, to support the analysis and decision processes through market leading financial modelling services, project finance transaction support, valuations, strategic cashflow planning and scenario analysis.

Our experience includes all commodities and the majority of modern mineral processing work-flows. Corality’s mining team is particularly strong in rare earths, gold, copper and iron ore.

Mining project development – from initial concept to operations

Mining project development requires comprehensive financial modelling and risk analysis at every stage. Corality’s extensive experience in the mining sector ensures that you can focus on reaching your strategic goals confidently backed by analytical and commercial support. Our services to mining project developers include:

• Financial modelling, scenario analysis and sensitivity risk analysis
• Drafting of financial analysis section for feasibility reports
• Development of “bankable” financial models (corporate, debt and equity)
• Valuations and strategic development analysis
• Debt sizing and structuring analysis
• Model audit / model review in advance of major investment decisions
• 360° project risk review to review your project from a potential financiers perspective
• Evaluation of hedging requirements and potential costs and benefits
• Financial modelling of terms sheets, JV contracts, off-take agreement, etc.
• Provide guidance on analytics and risk credit committees and their requirements for sensitivities
• Guidance on bank credit committee conventions regarding process, covenants and ratios

Project finance, M&A and investments in the mining sector

Financial transactions in the mining sector require a different skill set than day to day operations. In project finance, mergers & acquisitions and investment processes, Corality’s experienced transaction team guides you through this intense environment which allows you and your advisers to focus on commercial targets, negotiations and financial structuring. Our transaction support services for the mining industry include:

• Project finance execution services
• M&A structuring and valuation expertise
• Commercial hedging advice including financial modelling
• Introduction to mining and metals banking teams through our international offices
• Term sheet structuring and financial modelling of the transaction
• EOI preparation and response assessment
• Bank tender management for mining project finance processes
• Data room management
• Negotiation and analytical support

Operational performance analysis, strategic planning and financial reporting

For established producers in the mining sector, Corality can assist with services to ensure robust strategic planning, dynamic scenario analysis and efficient financial reporting. Our services to established producers in the mining sector include:

• Standardisation of financial modelling methodologies across divisions, assets or countries
• Corporate financial models (portfolio models) with powerful scenario analysis
• Addition of functionality for actual vs. forecast functionality in transaction models
• Integration of financial models with ERP systems for more efficient financial reporting
• Financial model audit or model review in advance of annual valuations
• Alignment of financial models to a new business plan
• Identifying the real drivers of the company in a Key Driver Analysis workshop

Mining Credentials