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A bankable feasibility study is part of the second phase of the mining cycle. It compiles the results of all the other feasibility studies done when planning a mining project and adds information on required permits, environmental impact, negotiated contracts and the costs of closing the mine and reclaiming the ... feasibility study: An analysis and evaluation of a proposed project to determine if it (1) is technically feasible, (2) is feasible within the estimated cost, and (3) will be profitable. Feasibility studies are almost always conducted where large sums are at stake. Also called feasibility analysis. See also cost benefit analysis. If a mining company for instance uncovers a metal deposit, you might think wahoo were rich! Unfortunately that is only the beginning. Now the property has to go through a gating process which will analyze the process from purchasing the land to st... In 1983 the first generation of the Computer Model for Feasibility Analysis and Reporting (COMFAR), a computation tool for financial analysis of investments, was released. Since then, this United Nations Industrial Development Organization (UNIDO) software has been developed to also support the economic appraisal of projects. Apr 30, 2019 · The lead consultant co-ordinates the preparation of feasibility studies to establish whether the project is viable, and to identify feasible options. The client considers the feasibility studies, and agrees which options the consultant team should develop. Preparing an options review report A mining feasibility study is an evaluation of a proposed mining project to determine whether the mineral resource can be mined economically. There are three types of feasibility study used in mining, order of magnitude, preliminary feasibility and detailed feasibility. feasibility meaning: the possibility that can be made, done, or achieved, or is reasonable: . Learn more.