Finance & Budgeting 

Develop a data-driven, integrated approach to financial planning
Develop a data-driven, integrated approach to financial planning


Develop a data-driven, integrated approach to financial planning

Mining operations require substantial capital investments in equipment, infrastructure, and exploration. Managing these capital expenses and ensuring they generate adequate returns is a constant challenge. The exploration phase of mining carries significant risks, as there is no guarantee of finding economically viable deposits.

Mining companies are also highly sensitive to fluctuations in commodity prices. Price volatility can make it difficult to accurately forecast revenues and plan budgets, leading to financial instability. The need to adhere to a wide range of environmental, safety, and permitting regulations also means managing the associated costs with compliance.

Companies need to allocate funds for exploration while planning for the risk of less than expected tons or ore grade. Integrating financial planning with operational planning allows the alignment of production targets with budgetary constraints more effectively. By adopting this integrated approach and leveraging data and analytics tools effectively to improve financial decision-making, mining companies are better positioned to forecast commodity prices, production volumes, and operational costs.

Key Client Challenges:

  1. What strategies can we employ to balance short-term financial goals with long-term sustainability and growth objectives?
  2. How can we improve the accuracy of our revenue forecasts in a volatile commodity market?
  3. What strategies can we employ to optimize our capital allocation for exploration, development, and operational phases?
  4. How can we better align our financial planning with our production and operational planning to minimize budget deviations?
  5. What data and analytics tools can help us streamline financial processes and improve budgeting accuracy?
  6. What are the best practices for conducting scenario analysis to assess the impact of various market conditions on our budgets?
  7. What are the best practices for managing financial risks associated with regulatory changes and environmental compliance?

Regularly monitoring financial performance against budgeted targets and promptly addressing deviations can help mining companies proactively manage their finances. Embracing technology solutions such as Enterprise Resource Planning (ERP) systems, mining-specific software, and automation tools can streamline financial processes, reduce manual errors, and enhance budgeting accuracy.

Mining companies can also diversify their operations, invest in technology for cost optimization, and continuously monitor and adjust their budgets and financial strategies to stay adaptive to market conditions. At Unison Mining, our subject matter experts can work with your teams to ensure financial processes and systems are set up to ensure cost savings, profitability and long-term sustainability.

Lacking data to validate or support key business decisions

Lack of knowledge to define a cohesive business or data strategy

Low speed to market and trouble adapting quickly to customer and market needs

High operational costs due to lengthy data processing times


Operational Goal Setting

Set defined and objective goals for each team and department to align expectations and assess performance.
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Root Cause Management

Diagnose underlying problems, errors, and deviations within your mining processes using root cause analysis.
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Energy Efficiency

Reduce energy consumption to comply with environmental regulations and reduce costs.
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Finance & Budgeting

Set up budgeting and cost controls to weather fluctuating commodity prices and operating costs.
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Real Time Controls

Monitor and oversee mining operations in real time by leveraging automation technology.
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Contracts & Contractor Management

Select and manage contract service providers with tactful negotiation and performance monitoring.
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Unit Cost Management

Control for costs associated with the delivery of a unit of a mineral or metal.
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Issue Escalation

Provide issue escalation systems to workers to allow timely resolutions and avoid disruptions to mining operations.
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RACI Project Management

Foster accountability at all levels by leveraging RACI project management
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Our mining experts have experienced first-hand the day-to-day complexities and issues that arise at the mining face, giving them a higher level of understanding and insight to meet your challenges.

Practical Solutions

By implementing level-appropriate transformation tools, our behavioral and cultural change methodologies, data management, and analytics, our goal is to create a sustainable and positive impact on your mining operations.


We go beyond strategy to offer a direct and measurable approach to success. Our commitment extends to delivering real business outcomes and helping your team sustain those changes for the long haul.

Strategize budgets and financial plans based on accurate data & monitoring.

Seize this opportunity before you leave!

Ready to take your operations to the next level?

Simply fill out the form to schedule a consultation with our expert consultants