Mineral Property Evaluation: Handbook for Feasibility Studies and Due Diligence

Description

�Everything� sums up what must be considered for a properly documented property evaluation. Less than 30% of the projects that are developed in the minerals industry yield the return on investment that was projected from the project feasibility studies. The tools described in this handbook will greatly improve the probability of meeting your projections and minimizing project execution capital cost blowout that has become so prevalent in this industry in recent years. Mineral Property Evaluation provides guidelines to follow in performing mineral property feasibility and evaluation studies and due diligence, and in preparing proper documents for bankable presentations. It highlights the need for a consistent, systematic methodology in performing evaluation and feasibility work. The objective of a feasibility and evaluation study should be to assess the value of the undeveloped or developed mineral property and to convey these findings to the company that is considering applying technical and physical changes to bring the property into production of a mineral product. The analysis needs to determine the net present worth returned to the company for investing in these changes and to reach that decision point as early as possible and with the least amount of money spent on the evaluation study. All resources are not reserves, nor are all minerals an ore. The successful conclusion of any property evaluation depends on the development, work, and conclusions of the project team. The handbook has a diverse audience: Professionals in the minerals industry that perform mineral property evaluations.Companies that have mineral properties and perform mineral property feasibility studies and evaluations or are buying properties based on property evaluation.Financial institutions, both domestic and overseas, that finance or raise capital for the minerals industry.Consulting firms and architectural and engineering contractors that utilize mineral property feasibility studies and need standards to follow.And probably the most important, the mining and geological engineering students and geology and economic geology students that need to learn the standards that they should follow throughout their careers. Cover Title Page Copyright Contents Preface Acknowledgments About the Editors Contributing Authors Chapter 1: Introduction to Mineral Property Feasibility Reporting Chapter 2: Quality Assurance and Quality Control in Sampling and Sample Analysis Chapter 3: Geological Resource Modeling Chapter 4: Introduction to General Mine Planning Chapter 5: Surface Mine Planning Chapter 6: Planning the Underground Mine Chapter 7: Planning the Mineral Processing Plant Chapter 8: Market Analysis for Mineral Property Feasibility Studies Chapter 9: Environmental Considerations During Feasibility Stages Chapter 10: Sustainability and the Social License to Operate Chapter 11: Phased Approach to Mineral Property Feasibility Study and Economic Analysis Chapter 12: Design Basis Report Chapter 13: Project Management and Control at the Feasibility and Evaluation Level Chapter 14: Introduction to Cost Estimating for Feasibility Projects Chapter 15: Intermediate and Final Estimates for Mining by Cost Buildup Chapter 16: Cost Estimating for Processing Plants and Infrastructure Chapter 17: Investment Risk in Mining Chapter 18: Professional Ethics in Mineral Property, Mineral Resource, and Mineral Reserve Estimates, and Feasibility and Evaluation Studies Chapter 19: Due Diligence Reports Chapter 20: Using Technical Economic Evaluations and Cash-Flow Analyses in Feasibility Studies Index Back Cover