In modern mining, where technical information is transformed into multi-million-dollar investment decisions, the concept of a Qualified Person (QP) has become central to transparency, market confidence, and the proper valuation of projects.
A QP is, in simple terms, the professional responsible for validating and signing the technical studies that support resource and reserve estimates, as well as technical reports used in financing, purchase/sale, or public listing processes.
The contribution of a QP to mining projects
- Technical assurance and confidence: Signing a QP confirms that the processes were reviewed by a responsible professional, reducing the risk of inaccurate information and generating investor confidence.
- Better decision-making: Your expert judgment on resources, reserves, and technical risks optimizes exploration, testing, and drilling.
- Lower legal and reputational risk: Having a technical manager ensures transparency and reduces litigation and conflicts with regulators or communities.
- Financing and transaction support: QP-signed reports are key in valuations, due diligence and mining negotiations.
Its importance in the valuation of mining assets
Valuing a mining asset isn't just about applying financial formulas; it requires integrating geology, engineering, economics, risk, and market scenarios. A proper valuation determines whether a project is viable, how much a deposit can be paid for, and what operational or commercial risks should be discounted.
The CEO de Metaproject Group, Dr. Manuel Viera Flores, a distinguished QP, has worked and published on mining asset valuation methodologies, emphasizing that techniques should combine traditional approaches with methods that incorporate risk and uncertainty, such as real options, to capture the value of managerial flexibility and the exploration/expansion stage of the project.
Viera also promotes models that optimize decision-making by reducing exploration "waste" and focusing investments on tests that effectively reduce technical uncertainty.
The QP as a node of trust and the assessment as a strategic beacon
The Qualified Person is now a practical and ethical requirement: it not only validates figures, but also provides professional accountability, mitigates information asymmetries, and improves the technical governance of mining projects. Asset valuation, in turn, transforms these technical inputs into economic decisions.
QP professionals such as Manuel Viera han destacado la necesidad de metodologías modernas que incorporen riesgo, opciones y eficiencia en exploración para que la valorización refleje la verdadera flexibilidad y potencial del activo.
In this context, Metaproject Group, a Chilean engineering and innovation company with an international presence, has played a key role in the industry by applying modern methodologies for the valuation and strategic modeling of mining assets.
Its approach combines rigorous technical criteria, aligned with international standards, with advanced economic and risk analysis tools, enabling the delivery of robust assessments that support investment decision-making.
Furthermore, Metaproject has systematically integrated the work of QP professionals into its multidisciplinary teams, ensuring that geological, metallurgical, and operational information is translated into clear, auditable, and financially sound business models.
If you'd like to learn more or schedule a meeting, please email us at contacto@metaprojectgroup.com We'll be happy to share our expertise and support you in developing your mining projects and operations.
