Senior Advisor Mining and Mineral Economics


Dr. Bernd Vels

Year of Birth: 1950

  • 1985-1992
    Advanced Studies mineral economics, Denver, St. Johns, Bonn
  • 1976-1978
    University of Münster, Doctoral Degree, Dr. rer. nat.
  • 1971-1975
    University of Münster, Dipl. Degree in Applied Geology
  • Competent person according JORC, NI 43-101.
  • Certified Expert for mine remediation projects.

Professional Experience

  • 2014-now Advice and Consulting in Mining GmbH
    Senior Advisor Mining, Mineral Economics, worldwide.
  • 2002-2014 Fichtner Mining & Enviroment GmbH, Germany.
    Managing Director and Partner. Advice specialized in Feasibility Studies and mine planning. – worldwide.
  • 2000-2002 DB – AHS GmbH, Berlin, engineering division of the Deutsche Bahn.
    Managing Director, civil engineering for infrastructure, energy, enviromental and logistic projects.
  • 1995-2000 Siepe-Agiplan AG, Dortmund. Managing Director, Member of the Board.
    International consulting for mining, energy and civil engineering projects.
  • 1976-1994 Uranerzbergbau GmbH (RWE Group), Director Consulting.
    International exploration and mining projects. (coal, basemetals, gold, and uranium).
  • Working experience in 86 countries

Specific Project Experience

  • Familiar with the mining situation world-wide – especially lignite, hard coal, base-metals, gold, uranium, industrial minerals.
  • Feasibility and Due Diligence Studies for active and planned mining, infrastructure and energy projects – including evaluation of social and enviromental liabilities.
  • Strategic mineral resource demand, re-serves and supply studies on project-, country- and world level, masterplanning.
  • Benchmarking for mining and energy operations incl. risk assessment.
  • Development of investment, operating and total production costs for mining, energy and infrastructure projects.
  • Restructuring of mining companies during transition and change of ownership, strategic planning and political advice
  • Structuring of complex investment and project financing for mining, energy and/or rehabilitation projects, worldwide.
  • Project management of interdisciplinary teams, technical / economic controlling.