Mining isn’t just a matter of finding a resource. It’s all about finding out if mining a resource is worth the time, energy, and money. This is where the importance of conducting feasibility studies come into play. Mining any resource requires substantial amounts of money, and investors will never invest their capital on projects without a reasonable prospect of success.
Several common problems tend to undermine mining projects’ value, ranging from inadequate design to inadequate supervision. One problem, however, is the lack of rigour at the feasibility-study phases, contributing to unsuccessful project outcomes.
This is where Projectworx will assist their clients by conducting feasibility studies that are undertaken during the ‘Assess (Scoping)’, ‘Select (Pre-feasibility)’ and ‘Develop (Definitive Feasibility)’ phase prior to the ’Execute (Construction)’ phase of a project.
This would include, but not be limited to:
- Development of Project Management Plans, which will include all other supplementary management plans.
- Development of Project Charters.
- Development of Study Execution Plans.
- Development of Scope of Works for multi-disciplinary work packages.
- Development of Capex and Opex budgets.
- Development of Project Financial Modelling.
- Conduct project’s independent technical reviews.
- Provide project gating peer reviews and facilitate the internal customer approvals process.
- Conduct cold eyes reviews of the project during any project phase to give the client an update and the likelihood of deviation, success or failure.
- Provide office or site based professional support during any project phases, such as Study Managers, Project Managers, Package Managers, Project Engineers, Discipline Technical Experts, Project Controls Personnel, Construction Managers, Commissioning Managers, Contracts & Procurement Management, Admin/Doc controllers, Etc.