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Author: Admin | 2025-04-28
Can be mined economically. Near term producers: These companies are nearer to producing. They carry less risk than companies in the exploration stage. A great deal of the guesswork about grade, size, costs and metallurgy has been taken out of the equation. They’ve done the work to give investors an increased level of confidence that their project will successfully move towards the production stage. They may have three possible studies. Preliminary Economic Assessment (PEA) This study determines what the mine could be. It examines potential mining scenarios and economic parameters. This scoping analysis is an important milestone for a mineral project. It’s the first step in a company’s economic and technical examination of a proposed mine.Preliminary Feasibility Studies (PFS) This study determines what a mine should be. It’s more detailed than a PEA and is used to determine whether or not to proceed with a detailed feasibility study. A PFS is also used as a reality check to determine areas within the project that require more attention.Feasibility Studies (FS) This study determines what a mine will be. It definitively decides whether or not to proceed with the project. A feasibility study provides budget figures for the project and will be the basis for raising capital to build the mine.Production: When they reach this stage, companies are called mid-tier or majors. They are well capitalized, typically have decades of history, world-spanning operations and slow, steady cash flows. Value the Mining Stocks: It’s virtually impossible to value an exploration company as perception
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