Mining is a risky business, both physically and financially. You never know when a drill point is going to lead you to an abundance of ore—or turn into an empty promise. You agree to a level of risk just by entering this business, but you know that you don't have to leave everything to chance and that being prepared is essential. When you evaluate whether a particular area is worth mining, one of the models you need is the financial model.
21 April 2021