Kevin’s Corner Project

Hancock Galilee Pty Ltd, a wholly owned subsidiary of GVK Coal Resources (Singapore) Pty Ltd, proposes to establish a new complex of combined open cut and underground coal mines in the Galilee Basin, Central Queensland.

Our involvement

Aquenta was engaged by the Client to assist in developing a robust cost estimate for the Kevin’s Corner Mine Bankable Feasibility Study.

Services

Cost Management Services including Work Breakdown Structure development consistent with Hancock Coal Reporting Structure, development of estimating plan, preparation of detailed capital cost estimate from individual project area experts, review of programme schedules, risk workshops, and assessment of whole of life costs (OPEX).

The outcome

The foresight of Hancock Coal’s Management Team to integrate the Aquenta team with theirs through a seamless and collaborative approach, enabled Aquenta to successfully add value and provide ongoing cost and risk related insights to all stages of the Bankable Feasibility Study.

The accurate and robust first principal cost estimate developed by Aquenta provided the client with an added level of confidence when running their financial models and various benchmarking activities.