royalty finance

The base case is zero. The reality is 20 per cent over. Mining’s most expensive assumption isn’t going away.

Will Kendall has a line that lands with the quiet force of something everyone in the room already knew but hadn’t quite said out loud: "Base case is cost overruns of over 20 per cent," Will says, "That’s your base case.

By Jamie Wade on August 27, 2026
Efficiency, Production Optimisation, Costs, Financial Planning, Contract Management, ESG, Reclamation Projects, Regulatory Adherence, Extraction, Reserve Estimation, Risk, Risk Assessment, Risk Mitigation, Mines & Projects, Project Overviews, Development Stages
Australia, Western Australia, Queensland, New South Wales, North America, Canada
Iron ore, Precious Metals, Lithium, Gold, Copper, Nickel, Energy Minerals, Coal (Thermal and Metallurgical), Rare Earth Elements, Strategic Minerals