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Redefining Mining Engineering Consulting Beyond Technical Support

Shervin Teymouri - Mineit Consulting
CEO

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Paloma Duran By Paloma Duran | Journalist and Industry Analyst - Fri, 04/12/2024 - 11:12

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Q: What distinctive attributes differentiate Mineit Consulting from others in the industry?
A: Our firm's trajectory toward independence during the tumultuous market conditions of 2013 stands as a defining moment in our journey. While many consulting firms were compelled to scale back operations, we remained unwavering in our commitment to delivering tangible value to our clients' projects. We strategically positioned ourselves by focusing on providing crucial support to junior and mid-tier mining companies. Through this strategic approach, we gradually cultivated our expertise and competitiveness within the industry and grew with our clients. 


Our strength lies not only in offering medium-sized mining engineering solutions that strike a balance between cost-effectiveness and value but also in our proactive initiatives. For example, we took the initiative to establish an underground mining engineering training class, invest in emerging talent, and foster a culture of curiosity and innovation within our team. Our firm's embrace of cutting-edge technologies, such as AI and customized database development, has significantly enhanced our capabilities, setting us apart from others in the industry.


Q: What specific obstacles do you address and resolve for your clients?
A: Our firm specializes in addressing a diverse range of operational challenges that mining companies encounter. These challenges can encompass technology integration, mine design, costing, evaluations, underground geotechnical design, permits, and, mining M&A due diligence, among others. What truly distinguishes our approach is our ability to identify overlooked opportunities and leverage available data to craft innovative conceptual designs and engineering solutions. We foster a collaborative environment where every member of our team approaches each project with a sense of ownership and partnership, ensuring that our clients receive comprehensive and tailored solutions to their specific needs.


Q: What strategies do you employ to acquire new clients and expand your client base?
A: Our firm's reputation for excellence and the quality of our work attracts more clients and often leads to referrals from satisfied clients. Rather than relying heavily on extensive advertising, we prioritize delivering exceptional results that speak for themselves. Leveraging our  extensive experience in Mexico and past collaborations with various mining companies, we have cultivated invaluable insights and established strong connections within the industry. These relationships enable us to secure diverse opportunities and organically expand our market share. Our focus on maintaining a sterling reputation and consistently exceeding client expectations has been instrumental in attracting new business and fostering long-term partnerships.


Q: How do you envision the trajectory of your firm and the mining industry by the year 2030?
A: Looking ahead to 2030, our firm is committed to fully integrating cutting-edge technologies into our services while adapting to evolving industry priorities, particularly focusing on environmental, social, and governance (ESG) considerations. We envision harnessing AI, drones, and advanced databases to optimize mining operations and drive sustainability initiatives. While AI will undoubtedly play a crucial role in shaping the future of mining, we recognize the enduring importance of geological expertise, especially in regions like Mexico where geological discoveries continue to be of paramount importance. 

Mineit Consulting is an engineering and geoscience consulting firm that provides technical advice and solutions to the mining industry. 

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