Overview

Feasibility studies are critical documents that determine whether a mining project should proceed to development. Our feasibility study services provide comprehensive technical, economic, and financial evaluations that meet international reporting standards and satisfy the requirements of investors, lenders, and regulatory authorities.

We have completed over 150 feasibility studies for projects ranging from small-scale operations to world-class mining developments. Our multidisciplinary team includes qualified persons (QPs) under NI 43-101 and competent persons under JORC/SAMREC codes.

Study Types

Scoping Study

±30-40%

Initial assessment

  • Conceptual mining plan
  • Preliminary flowsheet
  • Order of magnitude costs
  • High-level economics
  • Risk identification
Timeline: 2-4 months

Pre-Feasibility

±25%

Detailed evaluation

  • Detailed mine design
  • Process flowsheet optimization
  • Equipment selection
  • Detailed cost estimates
  • Financial modeling
Timeline: 6-12 months

Feasibility Study

±10-15%

Bankable document

  • Comprehensive engineering
  • Vendor quotations
  • Detailed financial model
  • Risk analysis
  • Implementation plan
Timeline: 12-18 months

Key Components

⛏️

Mining

Mine design, production scheduling, equipment selection, and operating costs.

🏭

Processing

Flowsheet development, metallurgical testing, plant design, and recovery optimization.

🏗️

Infrastructure

Roads, power supply, water management, tailings storage, and site facilities.

💰

Economics

CAPEX/OPEX estimation, financial modeling, NPV/IRR analysis, and sensitivity studies.

🌿

Environment

Environmental impact assessment, permitting strategy, and closure planning.

👥

Social

Community engagement, social impact assessment, and stakeholder management.

Typical Deliverables

Technical Report
  • Executive summary
  • Geology & resources
  • Mining & processing
  • Infrastructure
Financial Model
  • Cash flow projections
  • NPV & IRR analysis
  • Sensitivity analysis
  • Risk assessment
Engineering Drawings
  • General arrangement
  • Process flowsheets
  • P&IDs
  • 3D models
Implementation Plan
  • Project schedule
  • Procurement strategy
  • Construction plan
  • Commissioning plan

Compliance Standards

Our feasibility studies comply with internationally recognized reporting standards:

NI 43-101
JORC Code
SAMREC Code
PERC Standard
CRIRSCO Standards