DIC Materials, Limited provide feasibility studies to evaluate mineral reserve to determine if it can or cannot be mined effectively and profitably. Our Feasibility Studies includes the detailed study of reserve estimation, mining methods evaluation, processing technique analysis, capital and operating cost determination and the process effect on environment.
The study can be considered into two stages: prefeasibility studies and detailed feasibility.
This is the first step that determines that the detailed study is required or not. It is done on the basis of estimation of approx. unit cost estimation by a small group of technical individuals with accuracy within 20 - 30%.
This is the most detailed study to evaluate whether to proceed with the project. It is the basis for capital estimation and provides budget figures for the project. It requires a significant amount of formal engineering work and accurate within 10 - 15%.