Independent audit of technical financial models

Independent audit of technical financial models

We’ve been commissioned to audit and carry out independent reviews of technical financial models for a number of assets around the world - taking into account all possible expenditures that might have an impact on operating and capital costs.

The aims of each audit were to ensure completeness of the financial model, to understand possible risks, and to determine the sequence of exploration and mining in order to minimise costs and maximise profit. They were completed in accordance with best international practices - paying special attention to the location of assets and the level of infrastructure development, as well as the existing country-specific economic environment.

We focused on verifying the financial models - covering their structure, integrity and adequacy for the project specifics. We gave advice and made recommendations on any issues within the model that we identified.