IEG – Corporate Advisory Tunisia
Aggregate quarries

Project description
As part of a financial valuation study of the improvements carried out up to 2017 and the land owned by Carthage Cement, together with an estimate of the quarry reserves extracted before 2008 and then between 2008 and 2017 from state-owned and privately owned land, IEG Corporate Advisory Tunisia commissioned our consultancy « BUT Géologie » to carry out an expert financial valuation of the improvements and land, accompanied by an estimate of the reserves extracted since 2008.
Client: IEG
Year: 2018
Duration: Three months
Main service: Financial valuation of the improvements carried out up to 2017 and estimation of the quarry reserves extracted before 2008 and then between 2008 and 2017
Associated service: Geological study
We worked with IEG to:
- Carry out a financial valuation of the improvements completed up to 2017 and the land owned by Carthage Cement.
- Estimate the quarry reserves extracted before 2008 and then between 2008 and 2017 from state-owned and privately owned land.
- Carry out a geological study with detailed geological mapping, accompanied by a correlation of the destructive drilling logs produced at the study site.
- Estimate the geological and recoverable reserves of the concession based on the lithology of the ground and its land tenure status.
- Develop an extraction and rehabilitation method that complies with environmental standards and enables refinement of the volume calculation results.