IC-MinEval provides financial evaluation of mining projects producing spreadsheet-based models for base, precious metal, coal, industrial minerals or gemstone deposits. The application has successfully translated the expertise in mining financial evaluation developed over many years at the Royal School of Mines into a software tool that is now used in the mining industry by hundreds of mining companies, investment banks, and financial services companies worldwide.
IC-MinEval was launched after three years of research and development by computer programmers, quantitative financiers, geo-statisticians, mining geologists and minerals engineers, and many discussions with investment bankers, new business developers, and mining operating staff. IC-FinEval Ltd was formed soon afterwards to further develop and commercialize this and other software.
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