NJF Consulting

Services

Mineral Exploration Management services

Key services

NJF Consulting can provide consulting services to a company or organisation, training workshops to a team, and coaching or mentoring services to individuals. All services are bespoke for each client, and may be one-off events or long-term arrangements.

Nick teaching
NJF consulting Services

How I can help you...

Consulting

Independent project reviews, exploration portfolio ranking; strategic planning; annual reviews/audits of all aspects of mineral exploration.

Training

Training courses or workshops in all aspects of mineral exploration management (based on the book “Mineral Exploration Management”), customisable to specific client needs.

Coaching

Personal coaching for Exploration Managers – to help deal with strategic and day-to-day problem issues and enhance individual performance.

Mentoring

Periodic one-on-one (or group/team) discussions – to address all aspects of mineral exploration, but especially challenges, problem issues and career development.

Training Workshops

Nick Franey has facilitated many staff development workshops during his 40-year career, and has taught MSc level courses in Remote Sensing and GIS (at Rhodes University, in Grahamstown, South Africa) and Mineral Exploration Management (through the Economic Geology Research Unit (EGRU), at James Cook University, in Queensland, Australia). The following topics can all be covered in bespoke training, as required by the client. Typical programmes are shown below…

General Management

  • Principles of management (including the management cycle)
  • Mission, vision & strategy
  • Management documentation
  • Problems specific to mineral exploration

The Mining & Exploration Business

  • Why is it important?
  • Growth and value creation
  • Public perceptions

Business development

  • Exploration strategy
  • Identifying & creating opportunities
  • Due diligence studies
  • Economic evaluation of projects (using DCF analysis)
  • Project valuation (income-, cost- & market-based methods)
  • Corporate deals (investments & divestments)
  • Negotiation

Exploration Management

  • Success criteria
  • Exploration 101 (key concepts & questions)
  • Exploration methods (from a management perspective)
  • Managing drill programmes
  • Mineral Resource estimation
  • Feasibility studies

Data Management

  • The geochemical database & geochemical QAQC
  • Spatial data (the GIS)
  • Technical reports

Human Resources

  • Corporate governance & risk management
  • Tenement management
  • Legal matters
  • Public relations (serving the market)
  • Logistics
  • General administration
  • Budgets & expenditure control
  • Accounting 101 (income statement, balance sheet & cashflow statement)
  • Analysing companies (using financial ratios)

HSEC

  • Health & safety awareness
  • Medical emergency response plans
  • Incident investigations
  • Environmental approvals & baseline studies
  • Minimizing impacts & rehabilitation
  • Community engagement
  • Security
  • Socio-economic development initiatives

Self-Development

  • Goal setting
  • Decision making
  • Communication
  • Organisation & productivity
  • Leadership skills

An example workshop programme

Face-to-face courses are designed in a workshop format, to promote internal class discussion about concepts and to allow participants to share their own experiences. They typically include breakout exercises (highlighted, below, in italics). A typical 5- or 6-day course would cover the following:

Day 1:

Managing for Exploration Success

Introduction; The Business of Exploration; Principles of Management; Communication Skills exercise; Successful Exploration and Explorers.

Day 2:

Day-to-Day Exploration Management

The Exploration Process, Project Portfolios & Key Decisions; Decision Making exercise; Exploration Methods (Geology, Geochemistry, Geophysics, etc); Managing Drilling; Exploration Strategy.

Day 3:

Data Management & Advanced Projects

The Geochemical Database & QAQC; Spatial Data & GIS; Technical Reports; Project Due Diligence; Mineral Resource Estimation; Feasibility Studies; Critique of Feasibility Studies exercise.

Day 4:

Managing the Non-Technical Aspects of the Business

HR; Administration; Corporate Governance & PR; Health & Safety; SOP development exercise; Environment; Community Engagement.

Day 5:

Exploration Finance and the Economic Evaluation of Projects

Introduction to Finance; Funding Mineral Exploration; Economic Evaluation with DCF; Use of Economic Evaluation model exercise; Project Valuations.

Day 6:

The Financial Analysis of Companies

Basic Accounting (the Income Statement, Balance Sheet & Cashflow); Financial Ratios; Analysis of Companies exercise.

An example online course programme

A similar course has been presented online, as six half-day (4.5hrs) modules (without exercises). Each module comprised four 1hr sessions, with 5min breaks after Session 1 and 3, and a half-hour break after session 2. The programme was as follows:

Day 1:

Managing for Exploration Success

Introduction; The Business of Exploration; Principles of Management; Communication Skills exercise; Successful Exploration and Explorers.

Day 2:

Day-to-Day Exploration Management

The Exploration Process, Project Portfolios & Key Decisions; Decision Making exercise; Exploration Methods (Geology, Geochemistry, Geophysics, etc); Managing Drilling; Exploration Strategy.

Day 3:

Data Management & Advanced Projects

The Geochemical Database & QAQC; Spatial Data & GIS; Technical Reports; Project Due Diligence; Mineral Resource Estimation; Feasibility Studies; Critique of Feasibility Studies exercise.

Day 4:

Managing the Non-Technical Aspects of the Business

HR; Administration; Corporate Governance & PR; Health & Safety; SOP development exercise; Environment; Community Engagement.

Day 5:

Exploration Finance and the Economic Evaluation of Projects

Introduction to Finance; Funding Mineral Exploration; Economic Evaluation with DCF; Use of Economic Evaluation model exercise; Project Valuations.

Day 6:

The Financial Analysis of Companies

Basic Accounting (the Income Statement, Balance Sheet & Cashflow); Financial Ratios; Analysis of Companies exercise.