Bulk Sample Processing Overruns
Definition
Bulk sampling programs involve drilling 1,152m blast holes, stockpiling high/low grade material, crushing, and 6-month processing, tying up capital and equipment.
Key Findings
- Financial Impact: AUD 1M+ for 36,000 tonne program (drilling, blasting, 6 months processing incl. Gekko plant mobilisation)[1]
- Frequency: Ongoing for reef systems (e.g., early Q3-2024 crushing phase)
- Root Cause: Need for representative sampling in variable mineralisation to generate JORC resources[1]
Why This Matters
The Pitch: Wholesale Metals firms in Australia spend AUD 500,000-1M annually on extended bulk sample programs. Automation of sampling reduces 6-month cycles to weeks.
Affected Stakeholders
Exploration Managers, Process Plant Operators, CFOs
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Cost of Poor Quality in Assay Verification
Equipment Idle in Assay Delays
Verzögerter Zahlungseingang durch lange Zahlungsziele im Rohstoffgroßhandel
Ertragsverlust durch nicht optimal genutzte Debitorenfinanzierung und Abschläge
Betrugs- und Missbrauchsrisiken bei rohstoffbesicherten Finanzierungen
Vertrags- und Compliance-Risiken durch Zahlungsverzug in Lieferketten
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