Feasibility Studies

Met-Chem works very closely with the Client's team to prepare Feasibility Studies. The Feasibility Study is generally define as the last step in engineering studies for the evaluation of a mining or beneficiation project for a « go/no-go » decision and financing purposes. The level of accuracy is higher than the pre-feasibility study at +/-10 to 15% and is based on quotations from suppliers for most of the equipments. The Environmental and Social Impact Study is generally submitted to the authorities towards the end of the Feasibility Study.

In order to assess the economic feasibility of a project the following components must be assessed:

• Mineral resources and mineral reserves;
• Mining method and beneficiation process;
• Mining and milling rates;
• Mine planning and mine life;
• Environmental issues and progress of environmental studies;
• Geotechnical studies;
• Market study;
• Capital costs estimate;
• Operating costs estimate;
• Financial and sensitivity analysis;
• Risk analysis