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Feasibility Studies in Mining
Source: | Author:selina | Published time: 2025-01-03 | 26 Views | Share:
Feasibility studies are critical for determining the technical and economic viability of mining projects.

Feasibility Studies in Mining

Once a promising mineral deposit is identified, the feasibility study determines its economic and technical viability.

Core Elements of a Feasibility Study:

Resource Estimation:
- Wireline exploration machines aid in determining resource size.
- Exploration coring drill rigs validate the deposit's quality.

Economic Evaluation:
- Assessing costs related to mining, processing, and transportation.
- Utilizing data collected from portable full-hydraulic core drilling rigs.

Environmental and Social Impact Assessment:
- Evaluating potential environmental effects.
- Mitigation strategies ensure sustainable development.

A thorough feasibility study ensures the project's long-term success and aligns with global standards.

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