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Comprehensive Support for Vanadium Mine Development, Driving Project Value to $1.05 Billion

An ASX-listed vanadium mining company aimed to develop a new project in South Africa but faced technical challenges, financial constraints, and community resistance.

To advance the project, Sound Mining provided geological modelling, feasibility studies, financial advisory, and stakeholder engagement. Their support increased the project's value to $1.05 billion and secured long-term operational stability.

The company faced
complex challenges throughout the full mine lifecycle with social tensions and financial hurdles.

Challenges: Navigating the Full Mine Lifecycle Amid Social and Financial Hurdles

Concern 1TECHNICAL COMPLEXITY:

From geological modelling and resource estimation to mine design and feasibility studies, every stage required expert input to ensure accuracy and compliance with JORC standards.

Concern 2COMMUNITY RESISTANCE:

Local tensions resulted in operational disruptions, requiring structured social engagement and risk mitigation strategies.

Concern 3FINANCIAL VIABILITY:

The company needed to secure funding, making economic analysis and investor-ready reporting critical to demonstrating the project's value.

The client needed integrated technical, social, and economic advisory services to advance their vanadium project successfully.

Geology

Solution: Integrated Technical, Social, and Economic Advisory

Over several years, Sound Mining provided comprehensive support, delivering key services that enabled the project's progression

Sound Mining's integrated approach addressed every aspect of the project development cycle.

By maintaining a long-term partnership, Sound Mining ensured the company had the necessary expertise at every stage, from exploration to execution.

The Process Involved

TECHNICAL EXPERTISE icon
ECONOMIC AND STRATEGIC ADVISORY icon
REGULATORY AND SOCIAL MANAGEMENT icon
FEASIBILITY STUDIES icon

TECHNICAL EXPERTISE

Geotechnical logging and mapping, geological modelling, mineral resource estimation (JORC-compliant), open pit optimisation, mine design and scheduling, and ore reserve estimation.

Outcome:

Sound Mining's strategic and technical support significantly enhanced the project's value and development trajectory.

This resulted in:

  • Established a JORC-compliant ore reserve of 77Mt at 0.72% V₂O₅ and a total resource of 680Mt at 0.70% V₂O₅.
  • Increased the project's Net Present Value (NPV) from $401M (Scoping Study) to $1.05 billion (DFS), reinforcing its investment appeal.
  • Secured long-term technical and social stability through ongoing stakeholder engagement and compliance with regulatory frameworks.
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Partner with Sound Mining for proven mineral expertise

With a track record of delivering tailored solutions, Sound Mining provides the technical expertise needed to overcome complex mineral challenges. From resource estimation to operational efficiency, our team ensures accurate data, streamlined processes, and optimised planning.

Contact us today to learn how we can support your operations.
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