Operational readiness, asset management & digital transformation

Reg. No: 1996/008398/07

Our services

Mine Readiness, Asset Management, Cost Engineering


The art of decision making is pivotal to effective mining project management. For more than twenty-one years we performed real-time decision making, risk assessments, valuations and comparisons during mining industry related trade-off studies, benchmarking, mine optimisation, operations improvement, equipment performance, mineability studies, capital and operating cost studies with the aid of Tacmin's business performance improvement system. During every stage of the project lifecycle, project managers face a huge array of choices. Furthermore, elements of decision analysis such as analysis of potential alternatives and assessment of project risk are critical during each stage of the project lifecycle. Currently, there are no standard procedures that would sufficiently cover all the multiple-criteria requirements along with a breakdown into the preliminary and main assessment. However, at Tacmin the entire foundation required was created, such as definitions of requirements to an assessment method, selection and accurate description of the various assessment criteria and classification of the target system for typical mining project decision-making problems.

Cost estimation & scheduling

●  Cost benchmarking & resource analysis.

●  Zero profit margin contractor project estimates.

●  CAPEX & OPEX Cost estimation.

●  Developing client-specific cost estimate.

●  Independent peer reviews.

●  Construction sequence project scheduling

Project cost administration

●  Cost management & cost control of projects.

●  Monthly progress payment certificates.

●  Claims assessment & dispute resolutions.

●  Activity-based budgeting (ABB).

●  Tender evaluation & adjudications.

●  Mining project decision analysis.

Asset Life Cycle Cost Modeling

●  Asset Life Cycle Cost Analysis.

●  Mobile maintenance cost benchmarks.

●  Mobile maintenance planning & scheduling.

●  Zero-based budgeting (ZBB).

●  Activity-bills converted to asset bills.

●  Integrated mine plan and asset audits.

Reviews & maintenance support

Cost estimation & scheduling

Project cost administration

Asset Life Cycle Cost Modeling

Why our clients use our services

Cost estimation & benchmarking

Since 1996 we have generated 1210 mining cost benchmark models for international Blue Chip mining companies, with project values fetching up to US$ 5 billion, during which we simulated the Clients’ mine site conditions and imported geological and mine engineering data basis of up to 100 Gb for more than 12 different commodities - of which the annual ROM production on some exceeded 60,000,000 tons per annum. During this time we have developed and applied resource data basis with complete Life-cycle costing of more than 300 different equipment models and sizes, with hauling equipment that ranges from 25 to 380 payload tons and matching shovels of up to 45 m3 bucket capacity.

Cost benchmarking & resource analysis

Zero profit margin contractor project estimates

CAPEX & OPEX cost estimation

Developing client-specific cost estimate

Independent peer reviews

Construction sequence project scheduling

Technical & economic decisions to balance costs, risks and performance along assets life cycle.

Unlike most other similar consultancies, Tacmin expertise merges two worlds of engineering during asset performance improvement and mechanical maintenance assignments that assist our clients in making rapid, step-change improvements in operational performance.

Maintenance planning & scheduling that is

 aligned with strategic mine engineering objectives

Project cost administration

We provide specialised project cost administraion to the global construction, engineering and mining industry and have done so for over 23 years. We add value to every stage of the project lifecycle in delivery of the built environment. From the first estimate to the final account, our complete cost and enterprise management solution comprising of Construction and Engineering Cost Management and Enterprise Accounts, Estimating and Project Controls work seamlessly together providing arguably the most powerful and innovative solution to meet your business needs. Unique to the mining industry is our Mine Readiness Management System (MRMS), an Estimating, Planning & Project Control Solution that links mine engineering with mining resources that analyse and optimise mine plan conformance, resource performance and mining cost – the ultimate mining project control solution.

Cost management & cost control of projects

Monthly progress payment certificates

Claims assessment & dispute resolutions

Activity-based budgeting (ABB)

Tender evaluation & adjudications

Mining project decision analysis

Real-time monitoring and

control of your fleet,

detect mechanical and preventative maintenance

Real-time fleet tracking, eco-drive system, driver behaviour, maintenance.

Our unique ability to extract and analyse data, generate predictive diagnostic models and provide easy-to-understand and actionable reports that directly translate into operational efficiencies and bottom-line savings benchmarked against equipment Life-cycle models which are integrated into the mine engineering process.

Asset Life Cycle Cost Modeling

We compile project life-cycle cost models and trade-off analysis that compare the current status quo with the potential improvement, including a roadmap with execution plan and estimated costs of Life Cycle of Assets supported by financial analysis. The ultimate goal is to obtain complete situational awareness, enhanced by sharing information among multiple secured networks. Combine this with experienced project managers that have a solid track record in practising Lean mining and Lean construction principles since 1996, and you have a win-win situation on your hands.

Asset Life Cycle Cost Analysis

Mobile maintenance cost benchmarks

Mobile maintenance planning & scheduling

Zero-based budgeting (ZBB)

Activity-bills converted to asset bills

Integrated mine plan and asset audits

Operations & maintenance (O&M) management support - owners team.

By combining engineering excellence with the pragmatic equipment maintenance skills of our in-service maintenance support partners, Tacmin collaborates with our customers, share our technology, our ideas and our thinking for mutual benefit and better outcomes.

Tacmin expertise offers proven 

mine engineering, 

project analysis & asset management solutions