Mining Project Evaluation

Mitigate risks and maximize value of mining project through comprehensive studies and multidisciplinary-integrated approaches

Mining project evaluation is conducted to help assess the economic viability and attractiveness of a mining project and determine the best investment options. Usually, as the advancement of mining project the level of studies will increases from scoping to feasibility studies.

Scoping study has aim to provide an opportunity to identify the technical and economic potential of an early-stage resource and to justify approval of funding for more detailed studies.

A Pre-Feasibility Study is an crucial step in evaluating a mining project and used as the basis for an initial Ore Reserve estimate under many reporting codes (such as KCMI and JORC Code) and subsequent attraction of buyers, joint venture partners or financiers, and helps identify associates mining investment risks. This study provides the best opportunity to influence the ultimate outcomes and returns of a project. Confidence in the Pre-Feasibility Study outcomes will allow commitment of the cost and time involved in a Feasibility Study with low risk of needing to repeat this costly step as more data becomes available. And the level of analysis and subsequent conclusions allow a decision on whether to proceed to a Feasibility Study. In this stage, the accuracy level of cost estimates is about ±20 per cent.

Feasibility Study has intention to prepare the technical and economic basis for one chosen option at sufficient level of confidence for preliminary regulatory assessment and financial approval to proceed to detailed design and construction. A Feasibility Study for one option is generally far more costly than multiple options considered at the Pre-Feasibility Study level. In this stage, the accuracy level of cost estimates is about ±10-15 per cent.

MPO experienced-multidisciplinary consultants offer technically sound opinions and achievable solutions that take account of associated risks based on a comprehensive understanding of underlying issues and professional judgement.

Sub-Services :

• Scoping Study
• Preliminary Feasibility Study
• Feasibility Study