PROFESSIONAL PROCUREMENT TO IMPROVE INTERNAL RATE OF RETURN:
EMG assists with Mining Equipment procurement including capital and operating costs, maintenance and repair costs, finance and logistics; using senior level managers with 30+ years of mining equipment experience, 31 methods of reducing mining costs, proven at 111 mines in 22 countries, with fees tied directly to results.
EMG has 37 years of procurement experience entirely dedicated to mining equipment. We know more about equipment application, specifications, costs, maintenance, repair and financing, than any other source including equipment manufacturing personnel. Our experience is backed by a detailed Data Base monitoring owning, operating, maintenance and repair costs at 43 currently operating mines. When we review or assist with feasibility studies or procurement, we don't send a junior consultant with a package program designed to fit any industry. An EMG Principal conducts a thorough review of all cost centers, procedures and established ways of doing things. We then make specific "Hard Dollar" recommendations to increase your Internal Rate of Return, decrease your Total Direct Mining Cost, improve return on assets, spread risks, etc.
By negotiating $4.5 Billion in mining equipment capital and operating costs last year on behalf of our clients, we know how to reduce your costs and exposure on everything from primary mining equipment down to component rebuilds, parts and wear steel. We have Global Pricing Agreements in place on everything from equipment and parts to ocean freight. We have long standing relationships with senior management at all equipment manufacturers, as well as the international financial community who consider our Data Base "Bankable".
Our fees are typically less than internal procurement departments due to our economy of scale and specialization. They average less than 1/2 of 1% of the value of goods and services procured; and less than 2% of the hard dollars we save you due to our Global Pricing agreements and expertise.
RESULTS DELIVERED Some of the programs we've developed and tested have improved cash flow by up to 7 months, reduced mobile and stationary equipment Capital Costs by 11-14%, transferred ownership of up to $45B to outside sources at interest rates below your internal cost of funds, reduced Total Direct Mining Costs by 11-17%, improved hard asset utilization by 9%, reduced manpower requirements by 19%, and improved IRR by an average of 7% at new or existing projects.
As the original creators of Fixed Cost Maintenance and Repair Contracts (MARC's/CSA's) in the 1970's, Off Balance Sheet Equipment Operating Leases in the 1980's, Combined Client Worldwide Freight Agreements in the 1990's, World Bank Global Pricing in this decade, along with dozens of other programs; EMG has established itself as the pre-eminent authority on maximizing productivity, return on assets and minimizing mining costs. All EMG Programs are considered "Bankable" by the worldwide Banking community.
WHO WE ARE: We do not practice slick "Madison Avenue" pre-packaged programs nor catchy slogans, just thorough cost center analysis at the mine and "Hard Dollar Recommendations". After 34 years in the industry we are more interested in preserving our reputation than a given consulting fee, and will always be the first to say if we can not add measurable value. As a result we are happy to tie our fees directly to the clear results you agree we obtain.
We do not send you inexperienced junior consultants with a Packaged Rule Book who try to make your mine fit a pre-determined program. All projects are lead by a Ph.D. level Senior Project Manager with 30+ years of field and corporate mining experience at the highest levels. He listens to you, conducts objective evaluations in the areas of your concern, and makes concrete recommendations that everyone from Mine management to equipment operators can understand and implement.
REPRESENTATIVE CLIENTS The World Bank, Anglo Gold, GoldCorp, Terrane Metals, European Minerals, MineFinders, Independent Mining Consultants, Western Silver, An Tai Bao Coal, Kennecott, Black Thunder Coal, MQes Engineering, Barclays, NM Rothschilds & Sons, Vista Gold, Billiton, Chinese Nat'l Coal Council, Bechtel, El Indio, Refugio, Fording Coal Trust, Hecla, ASARCO, etc. etc. etc. Specific References on Request.