Mining | Development

Rising above the complexities of the development stage

As the most expensive stage of the mining cycle, development poses its own unique set of obstacles. With a lot of money going out—thanks to high upfront capital costs—and little coming in, you're likely facing some critical cash flow issues. Fundraising is yet again a crucial, and time-consuming, component of the process, as is keeping your workforce safe.

External forces also play their part. Political instability in a host country can take a toll on your project, as can interventions from human rights groups and local governments, who are looking out for the interests of local communities.

It's increasingly important, therefore, to make sure you have as many bases covered as possible. And we can help in a number of ways.

Compliance assistance
We have the ability to deal with tax compliance matters in a number of jurisdictions. We'll also take the time to understand how the various jurisdictions interact with each other, which is of the utmost importance for attaining tax efficiency.

Transfer pricing
As intra-group transactions become more material and prevalent, we can help you navigate the appropriate pricing considerations. 

Assurance services
At this point, there are likely heavy demands for external fundraising. We can provide you with the necessary measures to provide assurance to funders that the appropriate controls and procedures are in place to cover the stewardship of funds. Many capital market transactions will also carry a requirement to have auditor involvement.

Certification requirements
As your internal control structures become more complex, we can help you assess, design and provide support for management's regulatory certification.

Cash flow forecasting
We can help you navigate through complex accounting matters and asset valuations, each of which can have an effect on financing options.

Suggesting best practices
With plenty of experience to pull from, we can provide advice on best practices to help ensure your company's money is being spent efficiently and that the appropriate fraud risk controls are in place.