Services & Solutions
Valley Services and Solutions
The geological and economic assessment of mines involves a series of systematic steps to evaluate the feasibility of exploiting a particular site. Below are the general steps in this process:
1
Research and Exploration
This initial phase involves conducting research and exploration to identify potential mineral deposits. It includes geological, geophysical, and geochemical studies, and requires obtaining exploration licenses from relevant authorities.
2
Geological Study
Valley’s vision is to establish itself as a sustainable mining company with a global presence, focusing on responsible practices and community development while gradually building a reputation for delivering quality products that meet the evolving needs of international markets.
3
Geochemical Evaluation
Samples of the identified minerals are collected for geochemical analysis. This assesses the chemical composition and quality of the minerals to determine their suitability for economic exploitation.
4
Reserve Study
The size and quality of the mineral reserves must be estimated through statistical and geological analysis of the available data.
5
Metallurgical Engineering Study
This phase involves designing the mine for efficient and economical metal extraction. It includes planning the layout of pits, shafts, and the processes for extraction and transportation of the minerals.
6
Environmental Impact Assessment
An evaluation of the potential environmental impacts of mining operations is conducted. Plans are developed to minimize pollution and other negative effects on the environment.
7
Economic and Financial Analysis
An economic study estimates the costs of developing the mine and assesses its financial viability. This includes projecting costs, revenues, and calculating the expected return on investment.
8
Preparation of the Feasibility Report
A comprehensive feasibility report is compiled incorporating the findings from previous studies and providing recommendations on whether to proceed with mine development.
9
Obtaining Permits and Licenses
Necessary permits and licenses must be secured from local and national authorities prior to commencing mining operations.
10
Implementation and Operational Management
After acquiring the required permits and funding, the mining project is implemented, and day-to-day operations are managed effectively.
These steps create a framework for conducting economic feasibility studies for mines. They require collaboration among specialists in geology, engineering, economics, and environmental science to ensure project success while preserving environmental integrity.