Mine Reconciliation - more than numbers, a reflection of mining health
In mining, planned vs. actual reconciliation is much more than a monthly report: it is the “thermometer” of the operation. 👉 For the company, it means evaluating operational efficiency and adjusting costs. 👉 For the mine, it shows how closely planning adheres to real mining conditions. 👉 For investors, it is proof of transparency and predictability of results. In general, the process consists of comparing: What was planned (block models, mine sequencing, production targets); With what was executed (moved volumes, actual grades, delivered production). This analysis allows deviations to be identified, models to be corrected, sequencing to be improved, and resources to be optimized. In coal mining, reconciliation becomes even more critical: ⚒️ Quality variations (ash, moisture, calorific value) can directly impact contracts and financial outcomes. ⚒️ Quick adjustments ensure that planning remains aligned with plant or market requirements. In the end, reconciliation is not just a control measure but a continuous learning process that builds trust across the entire mining value chain. And this trust is only possible when the starting point — the block model — is properly validated. After all, there is no reliable reconciliation without a solid model, just as there is no efficient planning without reconciliation to test and feed it back.