Project value and confidence levels in mineral projects
How to increase value from exploration to production
A mineral project's value and the level of confidence that can be ascribed to it typically increases as it progresses through the project lifecycle. Specific requirements need to be met to ensure that the project value and confidence increase.
In the exploration stage of project development, one would carry out a Desk-top Study on the project. In the early stages of prospect evaluation, one would carry out a Pre-Feasibility Study while, in the feasibility stage of project development, one would undertake a Feasibility Study.
Each stage requires different technical and scientific services and has unique reporting, valuation, financing and strategy requirements. Venmyn Deloitte has unpacked these requirements, in the document alongside, to assist the project developer.