Pdf economic feasibility studies in mineral exploration. The objective of the pre feasibility study is primarily to facilitate potential entrepreneurs in project identification for investment. Issues with feasibility studies in mining arbitrations the principal purpose of a feasibility study is to demonstrate the technical and economic. Cta members recount case after case of being called in to an incident response for a mining infection and finding signs of multiple threat actors in the network. This report entitled madsen gold project technical report feasibility study for the madsen deposit and. Pre feasibility study on the property by continued mining of the massive sulphides mms while incorporating material from the lower footwall zone lfz, and increasing production from 650 mtpd to 1,250 mtpd. The components of a feasibility study projectengineer. The companys strategic focus is on the exploitation of high. Ni 43101 technical report prefeasibility study of the.
The aim of the study is to remove all significant uncertainties and to present the relevant information with back up material in a concise and accessible way. However, it does not provide any answers of what is feasible. These ranges are wider than generally understood but are constrained by what is practical. Our aim was to deliver a study conducted with a lot of rigour that draws on conservative assumptions and is still able to return strong economic metrics. It is common practice for the feasibility study process to involve three. This penn state extension video tells us that feasibility studies are an important step in the entrepreneurial process. Resources to conduct a feasibility study for a gold tailings retreatment project the elikhulu project. Executive summary feasibility study rocklands group copper.
Pre feasibility study gemstone identification laboratory pakistan gems and jewellery development company page 4 of 12 2. A feasibility study on the production of gold at a fictitious mine moapa mine in elko county, nevada is to be performed. May, 2019 most mining or oil and gas projects perform an extensive desktop investigation into the mining history at the site, taken from government records and files. These differences can lead to changes in the project execution that can lead in turn to disputes between project sponsors, investors and other stakeholders. The feasibility study process the feasibility study process deals with uncertainty, and a phased and iterative study approach has evolved as a consequence. Prefeasibility study technical report, on the lalor deposit, snow. Proven and probable reserves include dilution by measured and indicated resources below the. If it says bankable feasibility study on the front and. The feasibility study premise was based in part on a pre feasibility study that was completed by hatch in 2003. Fortunately, defending against illicit cryptocurrency. The ausimms monograph 27, cost estimation handbook second edition 2012 provides a set of standards which may become more widely used. There is no international agreement on the terminology for each stage of feasibility study and there is no agreed standard for quality or accuracy.
Feasibility study is an important step in the entrepreneurial process. A feasibility report is a document that details the study of the profitability, feasibility, effectiveness of a proposed investment, and to evaluate the imminent business problem or opportunity. Feasibility study clearly demonstrates the projects strong technical foundation and compelling financial returns, with costeffective strip mining and processing techniques delivering a highgrade premium quality product. The final feasibility study is usually based on the most attractive alternative for the project as previously determined. Ni 43101 technical report, bankable feasibility study montagne dor project. Any use of this executive summary report by the owner is subject to the terms and conditions of the services agreement between hatch and the owner. Prefeasibility study ming coppergold mine phase 2a. Perform scenario and sensitivity analysis to improve plans and projections. Feasibility study of cmm utilization for songzao coal and. It is common to refer to the general levels of certainty reached as scoping, pre feasibility and feasibility. The feasibility study has confirmed the general concepts of a phased redevelopment, restoration of economically viable operations within a very short time and low capital costs relative to the restored production capacity. A mining feasibility study is an evaluation of a proposed mining project to determine whether the mineral resource can be mined economically.
Rupprecht rsg global, helderkruin, republic of south africa project evaluations of mineral deposits are necessary for mineral rights, owners and investors alike. Pre feasibility studies will normally include an estimate of the cost. Conceptual preliminary feasibility detailed feasibility. Technical report for the initial project feasibility study on. This report entitled ni 43101 feasibility study technical report for the cerro blanco project, effective as. This training program is designed for anyone involved in preparing, writing and analyzing feasibility studies. It is common to refer to the general levels of certainty reached as scoping, prefeasibility and feasibility. Usually a concept study or scoping study is followed by one or. As we are about to embark on the next phase of engineering activities, i would like to thank the entire team, study. They are meant to be much more accurate and require more resources to. Bankable feasibility study update may 28th 2014 rev 03 2 abbreviations 12 1 executive summary 14 1.
There are three types of feasibility study used in mining, order of magnitude, preliminary feasibility and detailed feasibility. There are three types of feasibility study used in mining, conceptual, preliminary feasibility and detailed feasibility. Feasibility studies are required throughout the preproduction stage of every mining project to justify continued investment in the subsequent phase. Estimates for mining and infrastructure are much less reliable. Estimating the cost of a feasibility study for a mining. Fernando rodrigues is a mining engineer with 17 years of global mining experience. Studies for mining projects are typically commenced when an exploration programme has identified a mineable resource and pre feasibility studies have shown that development of the resource would lead to an economically viable project. Jcb health and safety trust national mining health database feasibility study simtars page 1 abstract simtars has been funded by the joint coal board health and safety trust to examine the feasibility of a national mining health database.
This paper looks at three phases in the development of a mineral project and the type of study required. This report comprises a feasibility study fs of orca golds block 14 project project located in. I personally visited the property that is the subject to the technical report on two occasions most recently on march 12, 2012. Build the feasibility study financial model using microsoft excel. Technical report for the initial project feasibility study. Feasibility studies for mining projects ausimm bulletin. The feasibility study that is the focus of this technical report describes a plan to mine the ayelen vein system at san luis using overhand cutandfill mining methods at a rate of 417 tonnes per day 350 days per year. The mine is capable of producing 325,800 tons of highgrade ore per year for 8 years. The purpose of this report is to determine project parameters and define solutions to the problem that further needs analysis. Pan african and its subsidiaries are a south african based precious metals mining group which produces in excess of 200,000oz of gold and 10,000oz of pgms per annum. The mining voids will be backfilled with unconsolidated rock fill. This bankable feasibility study bfs report has been prepared by senet pty ltd. Executive summary feasibility study rocklands group copper project 3 march 2016 page 3 caveat lector this executive summary from the rocklands feasibility study report has been prepared for cudeco limited cudeco by mining associates limited ma, based on assumptions as identified throughout. Enforce a systematic and holistic project value improvement pvi process at fs.
Guidance for the use of the terms scoping, prefeasibility. Establishing the feasibility of your proposed mining venture. This report titled asanko gold mine definitive feasibility study, national instrument 43101. We believe that any fs team should approach a study with a minimum of 11 core criteria in place see sidebar, a comprehensive set of standards for a feasibility study.
Establishing the feasibility of your proposed mining venture s. Establishing the feasibility of your proposed mining venture saimm. Behrens, 1991,united nations industrial automotive plant feasibility study pdf manual more detailed. Ppt feasibility studies powerpoint presentation free to. Mining project owners frequently treat pvi as a oneoff exercise at the end of fs. The authors have prepared this prefeasibility study technical report for. Mar 03, 2016 executive summary feasibility study rocklands group copper project 3 march 2016 page 3 caveat lector this executive summary from the rocklands feasibility study report has been prepared for cudeco limited cudeco by mining associates limited ma, based on assumptions as identified throughout. The approach considers how to perform a feasibility study. Feasibility studies are indepth reports on many of the same topics as prefeasibility studies. Analyze someone elses feasibility study and find its merits and shortcomings. Feasibility studies for mining projects amc consultants.
This is an important component of the feasibility study as it gives the executives a context in which to make the decision to approve the project. Fernandos recent work has involved project management and contributions to multiple feasibility and prefeasibility studies, preliminary assessments, due diligence and competent person reports pertaining to reserves, mine plan optimization and infrastructure. Business feasibility study in qatar 2 helpline group is the global leading firm for business feasibility study writing and analysis. Alexco to prepare a preliminary feasibility study pfs or the study and independent technical report the technical report on the keno hill silver project the project, located in the yukon territory, canada. The feasibility study presents a very compelling case for the development of kvanefjeld, and emphasizes the projects standing as a globallyunique mining opportunity. Feasibility study a mining feasibility study is an evaluation of a proposed mining project to determine whether the mineral resource can be mined economically. Due diligence, scoping, prefeasibility, feasibility studies. Sentro wp4 handbook of feasibility study i s handbook for performing feasibility studies of alternative energy systems november 2008 sentro sustainable energy systems in new buildings market introduction of feasibility studies under the directive on the energy performance of buildings report no sentrod42008wp4. A feasibility study includes an estimate of the level of expertise required for a project and who can provide it, quantitative and qualitative assessments of other essential resources, identification of critical points, a general timetable, and a general cost estimate. The reserves outlined in the feasibility study are shown in table 3 below and use an average cutoff of 2. Investment in new mines has declined in canada and australia but is still quite active in some areas, including parts of south america.
Technical report on the pre feasibility study for the. The cost of preparing a feasibility study is notoriously difficult to estimate. Suite 900 999 west hastings street vancouver, bc v6c 2w2 604. Technical report on the pre feasibility study for the a ck erps oj t,humb ld coun y n vada, usa advisian ii prepared and signed by the following qualified persons this report titled technical report on the pre feasibility study for the thacker pass project, humboldt. Apart from explaining what a feasibility study is, the speaker also shows how it is different from a business plan. Economic feasibility study nyangasi 14 march 2012 page 2 of 25 the balance sheet shows the value of assets, liabilities, and owners equity net assets at particular points in time, the beginning and the end of the accounting period.
Today, the project executive is also expected to possess a sound knowledge of finance and debt structuring, commerce, logistics, local and national laws, as well as the political and regulatory environment. Project evaluation the concept of a feasibility study is a widely used term. Helpline group has considerable experience in undertaking feasibility studies for various industries that enables clients to make informed decision about the projected success of a project from the financial and non financial perspectives of a proposed. Sotkamo silver silver mine bankable feasibility study.