As current global political and economic conditions have impacted cash flow and interest rates, it is crucial to ensure mining strategies remain viable. If you missed Strategic Mine Planning Symposium 2023, watch Matt LaBonte’s presentation on how to approach LOM planning during periods of constrained capital.

In the presentation, Matt demonstrated the use of CAPEX, financial, smoothing and cumulative constraints to achieve a practical schedule with similar NPV and lower initial capital requirements.

You can view All You Need to Know About Minemax Scheduler with Financial Constraints to discover methods for addressing other financial limitations such as cashflow requirements, debt-repayment schedule and capital expenditure budgets.

Read this article on why you should use CAPEX when considering truck purchases and rebuilds, and view more advanced capex functionalities here.