Finding solutions to help start-up miners
• WorleyParsons RSA uses innovative methods to address challenges in the industry
Social writer Eric Hoffer wrote, “In times of change, learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists”, a quote that resonates with Denver Dreyer, CEO of WorleyParsons RSA.
He says as a company that helps customers meet the world’s changing resources and energy needs, WorleyParsons understands the need for agility and developing new solutions to ever-changing challenges.
“Operating in a global environment that is leaner and fitter than it has ever been, with customers seeking ways to deliver more with less, WorleyParsons RSA is focusing on finding costeffective and innovative solutions to address the current challenges facing the mining sector,” says Dreyer.
“A key focus is on assisting emerging miners to access funding for their mining projects by helping to develop their studies to a point where obtaining funding is easier.
“StepWise is a low-cost financial and technical process model that enables emerging miners, as well as Tier-1 companies, to evaluate a resource and identify risks upfront.
“In a world of constrained capital, companies seek maximum return on investment, and the unique StepWise process very quickly and cost-effectively identifies whether or not an ore body or any other type of resource project will be viable or feasible,” says Dreyer.
The StepWise process provides solid data to enable prospective funders to make strategic investment decisions, with a focus on maximising returns, while minimising risk.
While technology in the mining sector has remained relatively static over the last few decades, WorleyParsons has been cultivating a culture of innovation. Locally the company has been integrating new developments in design and computing to create innovative tools that improve efficiencies and reduce risk in mining projects.
WorleyParsons’ 5D integrated project design platform presents miners with the ability to look pre-emptively forward and create a scenario plan for their project, and engage in the right discussions with prospective shareholders.
The company also recently hosted the Supplier Grow Conference (in collaboration with South32) aimed at tackling the issues of access to the market for SMEs, and identifying opportunities and innovation in the mining and construction sector with transformation in mind.