LoM

Life of Mine Booster: Empowering you to maximise your mine’s value

Mining companies must focus on achieving financial returns while meeting sustainability goals. Addressing these dual objectives requires substantial changes. FLS Life of Mine Booster is a comprehensive methodology for enhancing the value of your mine across financial, operational, and sustainable aspects.

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Why the Life of Mine Booster matters

The pressure to increase Net Present Value (NPV), reduce volatility, and build resilient operations has never been greater. The Life of Mine Booster aligns strategic and operational levers to unlock value across the entire mine’s lifecycle. It’s about boosting financial performance and NPV by optimising revenue, costs, and risks - not just in the short term, but throughout the full operational horizon.

Driving NPV growth through smart planning and execution

Traditional mine plans often fail to maximise value due to isolated decision-making processes and limited data integration. The Life of Mine Booster addresses this issue by facilitating more intelligent and profitable planning and execution. This involves incorporating advanced analytics, and cross-functional collaboration into mine design, scheduling, maintenance and resource allocation.

LoM Booster

Integrated, intelligent, and impactful

Extending mine life through hidden value

Many mining operations have untapped potential. By using integrated analysis and modern optimisation tools, the Life of Mine Booster aims to extend mine life by identifying additional value in existing assets. This may involve reprocessing tailings, accessing upgrade options, or improving cut-off grade strategies, which could result in increased resource recovery and shareholder returns.

Maximising recovery with technology and data

In a digital-first world, decisions are increasingly informed by data. The Life of Mine Booster methodology focuses on improving recovery using advanced technologies and data-driven decisions. Machine learning, real-time process control, and combination of digital tools are some of the instruments that improve extraction, processing, and yield, impacting results directly. We aim to prepare technologies necessary for the future of mining, working closely with clients to make assets more coherent in their operation.

Optimising operational efficiency across the entire process

Siloed operations reduce efficiency. The Life of Mine Booster breaks down operational barriers, leveraging process knowledge to enable optimised operational efficiency across the entire mining process. By deploying predictive maintenance and asset optimisation services, it synchronises activities, reduces downtime, and improves throughput.

Reducing costs and risks with operational intelligence

Risk and cost are often managed reactively. The Life of Mine Booster approach focuses on the future-proofing the business and makes proactive adjustments throughout the life of the mine. By aligning capital expenditures (CAPEX) and operational expenditures (OPEX) with a strategic lifecycle perspective, Life of Mine Booster methodology ensures a balanced approach that maximises long-term value. The result: lower costs, reduced risk exposure, and more consistent performance.

Accelerating sustainability goals without sacrificing performance

The Life of Mine Booster proves that accelerating sustainability goals doesn’t require sacrificing performance. By optimising energy use, reducing waste, and improving social license outcomes, this approach enables mining companies to meet ESG targets while continuing to drive competitive financial returns.

The future of mining is integrated, intelligent, and impactful

The Life of Mine Booster is not a one-off initiative - it’s a long-term partnership, mindset and methodology. For mining leaders looking to stay ahead in a rapidly evolving industry, this concept offers a roadmap to sustainable value creation throughout the mine’s life.

In a world where every ton, every dollar, and every decision counts, the Life of Mine Booster delivers what the mining sector needs most: smarter growth. By using assets effectively, maintaining equipment and people, adopting new technologies, and leveraging historical knowledge, we plan the future together. The goal is to achieve long-term economic, environmental, and business gains, maximising the number of years your site can mine and process ore.