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            | CONTRACT MINING  :  | 
             
          
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            | Mining Services | 
           
          
            Profitable mining demands an independent, experienced, long term   perspective that gives you real answers. How much do you have? Have you got a   mine? Is it feasible? What's the optimal design? Aditya Coal's experienced personnel and   practical technology give you options and solutions. 
                 
              Our experience with all types of mining projects on every   continent includes surface and underground mines; slope stability and strata   control; rock engineering; heap leach processes; tailings disposal; acid rock   drainage; waste engineering; and environmental monitoring and management. 
   
              Our extensive experience from resource estimation through mine   planning to mine decommissioning ensures innovative, cost effective and   environmentally acceptable solutions from pre feasibility to site   rehabilitation. 
   
              Existing operations benefit from our audits and engineering   services. We'll help you optimize head grades and increase tonnage, analyze and   reduce risk, improve safety and manpower requirements. 
   
              Our comprehensive reports help your board of directors and   technical staff make informed business decisions.  | 
           
          
            | Open Pit Mine design, planning and engineering | 
           
          
            
              
              
                Our engineers have   strong operational and technical backgrounds and have gained substantial   experience in mines across multiple commodities, methods, continents and   countries. In addition, we are able to draw on the broader skills across our   company’s global workforce. This ensures that our solutions and advice are not   only practical and workable, but take account of appropriate geotechnical,   hydrogeological, economic and environmental considerations.  
                   
                   
               
              
                Our services cover   scoping, pre-feasibility and feasibility studies and economic evaluations,   detailed mine design and layouts, production scheduling and equipment selection,   operating cost estimation and capital expenditure estimation. We also have key   people pro-actively reviewing improved mining methods outside traditional   approaches. 
               
              
                Assisting us in our   work are requisite skills with all major software design, optimisation and   scheduling packages. We have expert users for a range of software packages   including Whittle, Gemcom, Vulcan, MineSight, Datamine, Surpac, Talpac,   Xpac and Minemax.  
                    
               
              
                We have developed an innovative and rigorous   mine planning methodology that takes a mineral resource through to a   comprehensive technical report inclusive of the life-of-mine plan and   techno-economic model. The methodology first focuses on pit optimisation to   determine the cut-off strategy, economic mining depth, size and scale of   operation. We are dedicated to identifying the best option for project   development and producing client-focused solutions to technical   challenges.  
                    
               
              
                With the growing need to bring projects into   production more quickly and on budget, we can accelerate the process for mining   companies by supplying quality consultants to supplement the client’s own   technical resources to achieve the desired outcomes within the project   timeframe. Our personnel will ensure appropriate decisions to guide project   development are made at the earliest opportunity, and are committed to reviewing   what aspects of project advancement can be done in parallel to minimise the risk   of any rework.  
                    
                    Services 
                   
               
              
                
                  - The full range of studies from scoping to   detailed feasibility   
                  
 - Mine planning reviews and technical audits     
                  
 - Development and implementation of optimal mining   strategies   
                        
 - Operational assistance, reviews and   improvements   
                          
 - Financial evaluations   
                            
 - Risk analysis   
                              
 - Project reviews   
                                
 - Due diligence   
                                  
 - Competent person reports   
                                    
 - Independent expert reports   
                                      
 - Stock market listing reports 
 
                 
               
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            | Underground Mine design, planning and   engineering | 
           
          
            
              Ensuring technical viability and economic realism 
                 
             
              
              
                We have years of first-hand underground mining experience in most countries   and across multiple commodities using all common mining methods. As a global Aditya Coal   group, we have specialist underground mining expertise to provide solutions for   the unique features of each project. 
               
                
              
                Based on this extensive experience, we utilise an innovative and rigorous   mining method selection and planning methodology that maximises the economic   benefit of the project. The methodology first focuses on understanding the   complete mining context or characteristics of the deposit. This is the   fundamental information required to select the appropriate mining method and   establish a robust mine plan. The design of stoping blocks using the appropriate   cut-off grades and minimum mining widths is followed by optimised production and   development scheduling. All mine design and schedule opportunities are left open   until an optimised plan is defined. 
               
                
              
                We recognise the constant need to match changing commodity prices and   capital costs with appropriate responses from mining operations: reduction in   operating and/or capital costs when prices fall, and increasing capacity when   prices rise. We also understand the socio-economic implications of mining   operations and address these in our strategic planning. 
               
                
              
                We are focused on producing mine designs and schedules that make the most   effective use of mine capital, in both short and longer term time frames. We can   assist companies optimise the transition from open pit to underground   mining by offering a thorough analysis of the appropriate cross-over depth as   well as presenting highly mechanised and often automated   solutions. 
                   
                   
               
              
                Whether optimising an existing operation or deciding how to extract a new   deposit, Aditya Coal can help ensure appropriate solutions are understood and   implemented. 
                    
               
              
              
                
                  - Mining context definition   
                  
 - Mining methods selection   
                  
 - Complete mine design   
                        
 - Development and production scheduling including sequence optimisation   
                          
 - Geotechnical characterisation   
                            
 - Ground support system design   
                              
 - Equipment selection   
                                
 - Engineering studies (from scoping to feasibility studies)   
                                  
 - Drill and blast design   
                                    
 - Strategic planning: cut-off grade and production rate analysis   
                                      
 - Fragmentation analysis and draw control for caving operations   
                                        
 - Backfill system design   
                                          
 - Risk analysis and management   
                                            
 - Due diligence   
                                              
 - Ventilation system design   
                                                
 - Operational review and assistance 
 
                 
               
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            | Mining Economics and Finance | 
           
          
            Commodity price and macro-economic assumptions are frequently required as input   to our technical authoring and reviewing mandates which include: 
                
                  - Technical studies requiring input for cut-off grade determination and   optimisation analysis for Mineral Resource and Ore Reserve reporting;   
                  
 - benchmarking for comparative cost of production analysis;   
                  
 - Financial Models (link to service statements) for comparative assessments of   economic performance; and   
                      
 - Mineral Asset Valuations (link to service statements) for reporting in   regulatory documentation prepared for the equity capital markets. 
 
                 
               
                Approach
              To facilitate the above Aditya Coal has   established a historical database with daily and monthly granularity covering   the majority of international benchmark indicators including: commodity prices   for bulk commodities, base metals, precious metals, gemstones, energy products   and industrial minerals; and macro-economic parameters for country specific   consumer price indices and exchange rates. In addition Aditya Coal collates on a   quarterly basis various financial analysts’ quarterly, annual and long-term   commodity price assumptions. These are subsequently collated in real terms to   establish a median for each reporting period defined as the Consensus Market   Forecasts (“CMF”). Specifically the CMF comprises annual forecasts leading to   the long-term price (“LTP”) assumptions as appropriate for Ore Reserve   declarations.
               
              Our approach in this regard is to provide a simplified   independent benchmark which enables objective comparisons with that associated   with the specific mandate at hand. This does not seek to replace the detailed   supply-demand-price analysis as normally completed by recognised market   specialists and accordingly where named reliance is required (e.g. public domain   documentation) Aditya Coal recommends that these market specialists be separately   appointed. Our historical databases also facilitate authoring of country profile   reports and comparative country production contributions to global production   and ‘reserve’ status. 
              
               Experience
              Aditya Coal’s experience in   this area is exemplified by the numerous mandates requiring such input for   public domain consumption, specifically in respect of technical reports filed in   support of equity capital markets transactions. Access to our wider natural   resource sector participants also enables us to compare and contrast the current   market trends in key LTP assumptions as typified by those assumed to support Ore   Reserve declarations.
               
              Furthermore we have also been engaged in specific   mandates with the majority of the commodity market specialists specifically in   respect of assessments requiring cost curve benchmarking. Our collective   appreciation of the natural resource sector coupled with appropriate specialist   input, assures that forecasts are benchmarked at the outset thus ensuring early   identification of any unexplained significant variance from consensus.   | 
           
          
            | Mining Geology | 
           
          
            
              In any mining operation, understanding the geology of the orebody and waste   rocks is fundamental for successful resource estimation, geotechnical   engineering, mine planning and mineral processing. 
                  
             
              
                Better geological interpretations at the mine scale improve grade control,   mine planning and profitability. Our consultants are leaders in understanding   ore-forming processes.  With a unique combination of structural geology and   practical mining experience, we can assist you to improve your mine development,   operations and near mine exploration. Our integrated mine models give you better   near mine exploration targets, optimise mapping and grade control, reduce the   risk of misdirecting ore and unintentional dilution, and improve the   reconciliation of your mine. 
               
              
                 
                  Production pressures can make it difficult to maintain geological   input. We can help you by providing regular geological mapping campaigns, as   well as hands-on training of your staff at your minesite to capture geological   data more effectively. We can audit your current geological, sampling, assaying   and reconciliation processes and ensure that they meet best practice   standards. 
               
              
                 
                  Our approach to geology in the mine environment is based on addressing   the material issues that affect the entire mining cycle from resource estimation   to mine closure. Your operation benefits by ensuring that sound geological   models underpin the entire mining process. 
                     
                    Services 
               
              
                
                  - Near mine geophysics   
                  
 - Structural analysis   
                  
 - Advanced 3D modelling   
                        
 - Resource estimation   
                          
 - Pit and underground mapping   
                            
 - Near mine exploration targeting   
                              
 - Site-based structural geology training   
                                
 - Grade control system design   
                                  
 - Sampling and reconciliation audits   
                                    
 - Geotechnical mapping and modelling   
                                      
 - Geometallurgical assessment and modelling 
 
                 
               
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            | Grade Control and Reconciliation | 
           
          
            
              Understanding grade distribution and optimising mining selectivity through   grade control is essential to achieving the mine plan. Aditya Coal has the expertise to   implement, monitor, analyse and react to grade control data. This allows the   results to be reconciled against planned production and actual plant data.   Minimising difference between planned verses actual production will improve   business performance. 
                  
             
              
                Approach 
                  When analysing grade control methodology, Aditya Coal   considers: the detailed geological controls on grade distribution, optimal   sample spacing, sample collection, sample preparation and analysis, quality   control, and optimising costs and benefits. 
               
              
                 
                  When undertaking reconciliation studies, Aditya Coal considers: resource models   used for short and long-term mine planning, mining selectivity, dilution, losses   and ore allocation records, stockpile records, plant feed records and production   results. 
                   
                  Experience 
               
              
                Aditya Coal employs a number of geologists with significant operational experience.   In their previous roles as mine geologists at various international operations,   their duties included grade control, optimising the selective extraction of ore   and routine reporting of the multiple components of reconciliation. 
               
              
                 
                  Our geologists possess a sound understanding of the full spectrum of   mining operations, coupled with geological modelling, sample theory and their   practical application. 
               
              
                 
                  Aditya Coal has a large skill base in the use of advanced mining software   packages, such as Datamine, GEMS, Vulcan and Surpac, Leapfrog and Minex, and has   a good understanding of the estimation methods suited to grade control in many   different styles of deposit and different commodities. 
               
                
              
              
                
                  - On-site design, implementation and review of systems, protocols and   processes   
                  
 - differentiation of ore types for mining and   processing   
                  
 - reconciliation studies between resource models, grade control models and   plant feed records   
                        
 - optimisation of stockpiling and blending strategy   
                          
 - identifying problems and troubleshooting   
                            
 - on-site training relating to data capture, analysis and reporting for   regular production reviews 
 
                 
               
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