Evaluation of the economic feasibility of mineral processing underground

by Oliver M. Peters

Publisher: Peters in Montréal, Qué

Written in English
Published: Downloads: 369
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Subjects:

  • Ore-dressing,
  • Mining engineering

Edition Notes

StatementOliver M. Peters.
The Physical Object
Pagination1 v. (various pagings).
ID Numbers
Open LibraryOL21660777M
ISBN 100968416209
OCLC/WorldCa40534232

Economic feasibility is the cost and logistical outlook for a business project or endeavor. Prior to embarking on a new venture, most businesses conduct an economic feasibility study, which is a study that analyzes data to determine whether the cost of the prospective new venture will ultimately be profitable to the company. The Economic Feasibility Study on Development of Coal Mine Using Real Options Hyunbock Lee Korea Institute Geoscience and Mineral Resources (KIGAM) Gwahang-no, Yuseong-gu, Daejeon , South Korea [email protected] Abstract - This study re-evaluate a Korean bituminous coal mining project in Real Option Method(ROM) and compare ROM with. The Equipment Cost Calculator is an online, interactive version of the Mine & Mill Equipment Estimator's Guide that allows you to change the parameters for calculating hourly costs, such as repair labor, diesel fuel, gasoline, natural gas, electricity and lubricants. This Calculator will allow equipment estimates in locales outside North America. International mineral economics: mineral exploration, mine valuation, mineral markets, internat. mineral policies. .- Mineral Development as an Economic Activity.- Participants in Mineral Development.- Mining Law.- 6 Economic Evaluation of Mineral Deposits.- Goals and Strategies.- Methods of Investment Analysis.-

  A preliminary feasibility study (pre-feasibility study) is a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a qualified person has determined (in the case of underground mining) a preferred mining method, or (in the case of surface mining) a pit.   Mineral economics involves studying topics in economic and financial analysis that are developed to meet the special needs of the natural resource industries. All participants in the industry use mineral economics, including national and local governments, corporations, banks and financial companies, and consulting firms. 2. To achieve the proposed objectives, a case study was adopted. In the choice of this case, adopted as essential criteria were: the presence of natural underground cavities in the area, the existence of carbonate rock occurrence of economic interest, and the viability for the mining and commercialization of the mineral good. quantities of high-grade mineral ore deposits. Development If the mineral ore exploration phase proves that there is a large enough mineral ore deposit, of sufficient grade, then the project proponent may begin to plan for the development of the mine. This File Size: KB.

MINERALS AND ECONOMIC DEVELOPMENT CHAPTER 8 MMSD THE MINING, MINERALS AND SUSTAINABLE DEVELOPMENT PROJECT Sometimes they even extend to taking over mines and running them as state enterprises when private companies are no longer willing to keep them Size: KB.   Conducting an economic feasibility analysis, also called an economic feasibility study or economic viability analysis, is an important step in assessing the costs, benefits, risks and rewards of a new venture. Feasibility studies help businesses plan operations, identify opportunities and . Mineral Property Evaluation: Handbook for Feasibility Studies and Due Diligence by Richard L. Bullock (Editor), Scott Mernitz (Editor), Richard Lee Bullock Hardcover, Pages, Published ISBN / ISBN / Need it Fast? 2 day shipping options "Everything" sums up what must be considered for a properly documented property Pages: From to he was head of Mining and Environment, and from to of Mineral Economics. Since he has been head of International Cooperation, America. Dalheimer is a mineralogist and holds a doctorate in economic geology. Markus Wagner is a specialist in the assessment and evaluation of mineral resources.3/5(2).

Evaluation of the economic feasibility of mineral processing underground by Oliver M. Peters Download PDF EPUB FB2

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 : $ It is important to distinguish between an economic evaluation and a financial evaluation. An economic evaluation assesses the inherent technical viability of the project, without considering debt.

A financial evaluation determines the impact of debt on the project, and the project's ability to. This product is available as a print book, eBook, or a bundle.

Take advantage of a 25% discount when you purchase the bundle. 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.

Mining Project Evaluation When you plan a new mine or investment, our worldwide team of multidisciplinary specialists can provide a comprehensive, integrated approach to your viability studies (including scoping, feasibility and prefeasibility), due diligence.

A Study on the Economic Evaluation for a Feasibility Study in Molybdenum Mineral Processing 17 V ol. 61, No. 1 () will be left to the discretion of the owner. Economic evaluations of mining projects incorporate the examini-nation and assessment of the technical, financial, social and political aspects of the environment in which the mineral deposit is situated.

This paper outlines some technical inputs that form the basis for financial evaluation. These include estimates of mineable ore, pro­File Size: KB. The book is written as an introductory-level textbook in mineral economics. Advanced students in mineral engineering programs, economics, and business administration curricula, with a particular interest in economic analysis of mineral and energy Book Edition: 1.

The eccentric feature of this book is the introduction of simple numerical calculations for evaluation of the processes which in turn help understand the concepts with enhanced clarity and handle day-to-day operations of mineral processing plants.

Therefore, it can be used both as a simple reference guide and a concise course in mineral processing. Establishing the feasibility of your proposed mining venture S. RUPPRECHT RSG Global, Helderkruin, Republic of South Africa Project evaluations of mineral deposits are necessary for mineral rights, owners and investors alike.

A feasibility study provides a definitive technical, environmental and File Size: 27KB. A feasibility study is an evaluation of a mineral reserve to determine whether it can be mined effectively and profitably or not. • It includes the detailed study of reserve estimation, mining methods evaluation, processing technique analysis, capital and operating cost determination and the process effect on.

Swapan Kumar Haldar, in Mineral Exploration (Second Edition), Definition. Mineral exploration is a complete sequence of activities.

It ranges between searching for a new mineral prospect (reconnaissance) and evaluation of the property for economic mining (feasibility study). feasibility and evaluation studies. Sometimes referred to as project development or mine evaluation and development, this organization should perform—or supervise consulting orga-nizations performing—evaluation studies of mineral deposits and mineral processing facilities for projects discovered or acquired, wherever that project is Size: KB.

The concept is expressed by the following equation: (4) P r o d u c t t = V p t ∗ g A = V p t ∗ g N ∗ η R / η D where Vp t is the volume actually processed by the plant in the time period t, η R is the processing recovery (η R Cited by: 4. The purpose of an economic feasibility study (EFS) is to demonstrate the net benefit of a proposed project for accepting or disbursing electronic funds/benefits, taking into consideration the benefits and costs to the agency, other state agencies, and the general public as a whole.

The EFS is composed of two required forms. Business Case; Cost Benefit Analysis. In Recent researches in Geology, Vol, Development of India's Mineral Resources: Geological and Mineral Economic Aspects (ed.

K.L. Rai), Hindustan publishing corporation (India), Delhi, The Complete Technology Book on Minerals & Mineral Processing Author: NPCS Board of Consultants & Engineers Format: Paperback ISBN: Code: NI Pages: Price: Rs.

2, US$ Publisher: Asia Pacific Business Press Inc. Usually ships within 5 days Mineral is defined as a naturally occurring solid chemical substance formed. Economic Feasibility Analysis What is Economic Feasibility Analysis. Businesses, governmental entities, and other organizations face great uncertainty and risks when making decisions about major investments in new manufacturing facilities, new products, new markets, new technologies, new programs, and when acquiring other companies.

International mineral economics: mineral exploration, mine valuation, mineral markets, international mineral policies. .- Mineral Development as an Economic Activity.- Participants in Mineral Development.- Mining Law.- 6 Economic Evaluation of Mineral Deposits.- Goals and Strategies.- Methods of Investment Analysis.- 6.

Their topics include quality assurance and quality control in sampling and sample analysis, market analysis for mineral property feasibility studies, environmental considerations during feasibility stages, project management, intermediate and final estimates for mining by cost build-up, and using technical economic evaluations and cash-flow.

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. This is an overview of some aspects of sampling involved in feasibility studies for mining and mineral processing. Some small scale bench test work is also cov Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.

Bankable feasibility study update May 28th rev 03 2 ABBREVIATIONS 12 1 EXECUTIVE SUMMARY 14 Introduction 14 Environmental and Legal Rights 14 Mineralogy and Mining 14 Processing 15 Capital and Operating Cost, Economic Evaluation 16 2 File Size: 4MB.

Feasibility Study for Mineral Processing Plants Purpose and Tasks of Conducting A Feasibility Study Feasibility study is an evaluation of the potential of the proposed project on economy and technology.

It is based on the project proposal approved by the direct supervisor, and is a very important task in the preliminary design. : Economic Evaluation and Risk Analysis of Mineral Projects: Proceedings of the International Mining Forum Cracow - Szczyrk - Wieliczka, Poland, February (): Kicki, Jerzy, Sobczyk, Eugeniusz J.: Books.

Gold Ore Processing: Project Development and Operations, Second Edition, brings together all the technical aspects relevant to modern gold ore processing, offering a practical perspective that is vital to the successful and responsible development, operation, and closure of any gold ore processing completely updated edition features coverage of established, newly implemented.

Evaluate economic potential of the deposit and principal impediments to economic extraction Cadia Hill positives: close to existing infrastructure, shallow, simple mineralogy Cadia Hill negative: low grade would require close attention to keeping mining and mineral processing costs low Study completed in File Size: KB.

Techniques Used to Determine Economic Feasibility Four different measures: 1) payback analysis 2) return on investment 3) net present value 4) profitability index In order to do a thorough cost-benefit analysis, need to know: 1) Development Costs 2) Annual Operating Costs 3) Annual Benefits 4) Economic Life of the System (ie.

expected to last 5. feasibility studies. On completion participants should be able to better understand the process and procedures involved in the economic evaluation of investment opportunities and be able to critically review and assess project analyses and feasibility studies prepared by others as well as prepare their own simplified versions.

Daily Outline:File Size: KB. Valuation of Metals and Mining Companies Author: Svetlana Baurens The paper takes the reader through different stages of metals and mining companies from mineral exploration to mine production and provides an overview of called a preliminary economic assessment.

Pre-Feasibility Study is a comprehensive study of the viability of a File Size: 3MB. Mineral exploration and development are information-gathering activities. In this sense, mineral exploration and development represent a variety of activities that collect information necessary to identify mineral deposits and then evaluate whether they should developed into Size: KB.

The answer is through the use of project analysis and economic evaluation methods and tools such as feasibility studies. This course covers the practices and procedures involved in project analysis and economic evaluation and the preparation of feasibility studies which can be applied to .It worked on qualifying national cadres specialized in the economic feasibility studies of government projects "preparation, analysis and review" which is one of the priorities of the next stage to achieve a high level of efficiency and effectiveness, take the initiative in achieving visions and strategic goals of economic and social development, and empowering government sector units to carry.Part I, Economic Geology and Mineral Development, examines the technical concepts important for understanding the geology of ore deposits, the methods of exploration and deposit evaluation, and the activities of mining and mineral processing.

Part II, Mineral Economics, focuses on the economic and related concepts important for understanding.