Industry

Mining & Extractives

High capex, high compliance, and a regulator watching every ounce.

Who this is for

Small-scale and medium miners, tributors, and mineral processors — gold, chrome, lithium, PGMs and industrial minerals.

Why the accounting is different here

Mining is unforgiving on both compliance and cost control. Royalties, EMA fees, RBZ retention rules and Fidelity Printers & Refiners settlements all interact. Without proper cost-per-tonne data, you can't tell if a shaft is actually worth working.

Common pain points
  • Royalties and retention calculations across USD and ZWG
  • Cost per tonne / per gram not tracked by pit or shaft
  • Capex vs opex classification for plant and equipment
  • EPO and mining lease compliance costs
  • Diesel, explosives and consumables leakage
Regulators & rules
  • Ministry of Mines — EPO, mining leases, returns
  • ZIMRA — royalties, VAT, income tax, QPDs
  • EMA — Environmental Impact Assessment and monitoring
  • RBZ — export proceeds retention and Fidelity settlements
  • NSSA — mineworker compensation

How we help

Royalty and retention schedules that reconcile to FPR settlements

Cost-per-tonne and cost-per-gram reporting by working

Fixed asset registers with depreciation and impairment

EMA and Mines return preparation

Independent audits for financiers and shareholders

KPIs we track

Cost per tonne milled
Grams per tonne (grade)
Recovery %
Cost per gram produced
Diesel litres per tonne
Royalty as % of gross revenue

Playbook modules that matter most

A real example

Case study · Mining & Extractives
Scenario

A small-scale gold miner was delivering to FPR but couldn't explain why cash was tight. Royalty and retention were being deducted before proceeds hit the bank, and no one was tracking cost per gram.

Outcome

We reconstructed 12 months of deliveries, built a cost-per-gram dashboard and identified two shafts running at a loss. Closing them freed capital for the two profitable ones and the operation turned cash-positive within three months.

FAQs