Financial Model for Open-Pit Mining Operation

Do some financial planning so you can dive into your mining operation confidently. No matter if you are Gold mining, Gems, rock/gravel, or what have you, this template will help with the finance side of things. This financial model was targeted to help open-pit mining operations, but any type of mine could generally be applied to these assumptions.

$45.00 USD

The template will be immediately available for download after purchase. This is included in the industry-specific financial model bundle.

Recent Upgrades: Integrated dynamic capex with depreciation, 3 statement model (Income Statement, Balance Sheet, Cash Flow Statement) as well as an integrated cap table.

The bulk of this work was about figuring out all the related capital startup costs, employee types needed, and general supplies used on an annual basis. After that part was solved, it simply became a matter of figuring out how to project revenue. For that part I took a unique approach and assigned a % to each ore type and gave that ore type a value per tonne. Then, you can simply enter the amount of ore you plan to produce on a daily basis. Based on that and the % of each ore type you expect to be in each tonne, it tells you the projected revenue per year.

Some quick features include the ability to project out 50 years, see a break even value in summary, see total and net pre-tax cash flow based on a given terminal year, and visual charts that show costs/cash flow.

Any financial model will work great as long as you can somehow give potential revenues, initial investment, and operational costs. That is what this financial model has done.

I tried to make these costs as closely related to what is actually needed if you were to have your own mining setup. The user has flexibility to change any of the cost assumptions to whatever they may actually see when doing their due diligence.

Financing assumptions have been added to this model. This allows the user to pick how much they wanted to put up in cash/equity compared to the amount financed with a loan. The corresponding debt service would then populate in the pro-forma accordingly. You will be able to set all the loan parameters also.