Stephens Valuation and Consultancy Pty Ltd

                         Extracting Wealth for your Business
News & Updates

"Liability limited by a scheme approved under Professional Standards Legislation."

Celebrating our New Trade Mark
2012 has now been registered as a Trade Mark. We thank all the people who look at the website and who have given it its high profile reputation as without YOU we would not have achieved this status. Keep looking.


See our latest article on Quarry Capitalisation Rates.


Celebrating 25 years in Real Estate


We now have over 250 fully analysed quarry sales and lease transactions throughout Australia and New Zealand. We hold details of over 50 lease transactions, so if you need a lease renewal, then give us a call.

Keep coming back for more updates shortly.

See for quarries for sale and lease.

We were No 1 for Quarry Valuations worldwide on Google and Yahoo and many other search engines from 2009 to 2011 and hope to keep it that way for 2012. Thanks for looking and making us the most popular quarry related site worldwide.

We also do Expert Witness valuations so give us a call to see if we can assist.

Rod Stephens has produced two thesis reports namely The definition of the word Minerals in relation to the UK Extractive Industry and The Valuation of Long Term Interests  A case study of the acquisition of WMCs Olympic Dam Mine by BHP Billiton (Distinction). These reports can be made available on request for selected parties only. Terms and Conditions apply.

This website is Copyright reserved. Our itellectual property is not to be copied or used for commercial purposes or any other purpose without our express permission in writing. The opinions and research carried out is the original work of Stephens Valuation and Consultancy Pty Ltd and are not to be quoted or used for any purpose without our written permission. Please have respect for these conditions.

Anyone entering any other section of this website does so on the above understanding and is subject to those conditions.






Quarry Consultancy

We can provide advice on the following issues:
  • Quarry Lease Terms and Conditions
  • Mineral Ownership issues
  • Interpretation of Technical Reports
  • Minimum Rents and Royalties
  • Quarry Product Pricing Structure
  • Quarry After Use and Land Development Potential
  • Site Searches - Finding new quarry sites and Concrete Plant sites
  • Conflicts of Interest - Independant Advice
Quarry Lease Terms and Conditions
See our article on the above in our Published Articles Section
Mineral Ownership Issues
See our article on the above in Quarry Royalties under our Published Articles Section
Interpretation of Technical Reports
There are often EIS documents, Development Approvals, EPA Licences, Mining Licences, Geological reports, Product Testing reports and a range of other documentation that often requires interpretation for legal use or other purposes. We can provide explanations about how these documents impact on your business, and check to see if we believe your in compliance with your obligations.
Minimum Rents and Royalties
See our article on the above in Quarry Royalties and in Hard Rock Royalties in NSW under our Published Articles Section
Quarry Product Pricing Structure
There are many operators who do not properly reflect the full asset value of their minerals and plant, machinery and equipment, when carrying out their pricing structure. In essence there can be particular products, often the highest selling one, that can be underpriced, or involve very little margins, without the operator fully understanding the processing costs, or the mineral value for that particular product.
A Concrete Plant operator wrongly priced their concrete mixes one year, and were $8.00 a cubic metre, below the cost price. They had a record year, and sold 22,000 cubic metres of concrete, and were sure that they must have made a good profit at the end of the year, when in fact, they made a loss of $200,000, with a few bad debts as well. The bank cut their credit, and they had to sell up and because the business was failing, they luckily had enough to cover their debts after 20 years of building the business. I acted for the quarry operator who bought them, identified why the business was failing, corrected the pricing structure, and they sold 15,000 cubic metres their first year at a profit which equated to 30% of the purchase price.  
We can supply you with a spreadsheet to do your pricing structure, and ensure that you have covered all of your costs. Some operators don't apply a value for the mineral, some for plant and machinery or capital costs, or development approvals, or even for future capital costs.  
Quarry After Use and Land Development Potential
There are a range of opportunities for quarry after use, the most common of which can involve landfill. In or around urban locations then there are often industrial or residential use that have a higher and best use compared to the quarry value, and it can be more feasible to re develop the site at an early stage, rather than continue the quarry, which can be detrimental to the value, as sometimes additional depths prevent other future uses from occurring (there can be geotechnical and flooding and drainage issues). There can also be opportunities to lease lands and gain additional income, or obtain value added opportunities from associated industries.
Site Searches - Finding new quarry sites and Concrete Plant sites
We have a large number of geological maps which identifies the broad geology within virtually all of the major populated areas of Australia. We are familiar with the nature and types of geology that a lot of the major quarry operators extract and work, but also come across many landowners who are looking to sell lands containing unconsented mineral deposits. We can therefore quite often identify suitable opportunities. We are also aware that many LGA's hold records of old quarry extractions within their area, that have old consents, some of which are still valid today, and research for these can often provide lucrative opportunities. However the flip side is that sometimes the research can reveal very little or nothing, but where an opportunity can be found, then this can more than offset the failures.
We also do many valuations of quarries for quarry operators wishing to sell, so we often know where the opportunities are, but also have client confidentiality conflicts.
Conflicts of Interest - Independant Advice
There are many conflicts within the quarry industry that always need to be addressed. Drilling operators always want to drill more holes than an operator may need, plant saleman always want to sell a higher capacity plant than is needed, and good saleman will often achieve their objectives. This is not a criticism of those individuals or businesses, as forward thinking quarry operators, are often the ones who are most successful and often require these services. However there are times where an independant viewpoint is required, and we can assist in providing that assessment, especially where a large capital investment is involved. 
Over capitalisation can significantly impact a quarries profitability, and rather than benefit economies of scale, can cause dis-economies of scale, which in turn causes obsolescence and can damage the business. 
A quarry operator buys and installs a 300 tonne per hour crusher, but it was fed by a 100 tonne per hour conveyor. That company later went into liquidation. Another operator had a sand operation with a 60 tonne per hour sand plant which they upgraded to 80 tonnes with a 30 tonne per hour feed, surprisingly the plant did not produce any more than 30 tonnes per hour.  So sometimes it is not the plant that has been acquired, it is the other bottlenecks that have been created by a new item of plant, that also need to be addressed. We have inspected and valued several hundred quarry plants and have experience in a range of different configurations and designs. Let us know if we can assist you.
Call Rod Stephens on 02 4704 8483 or 0423 383 343 is a Registered Trade Mark

"Liability limited by a scheme approved under Professional Standards Legislation."