Bankable Feasibility Study definition

Bankable Feasibility Study means a detail evaluation of any mineralisation within the Project area that allows the Company to finance the construction of the mine to exploitation of such mineralisation that includes but not limited to detail exploration, ore reserves estimates, engineering studies and costing, environmental studies and financial projections and must meet all governmental requirements.

Bankable Feasibility Study means the study, prepared to industry standards, based upon which a bank or other lending institution may loan the Corporation or MASA funds for production development on the Claims;

Bankable Feasibility Study means a comprehensive study of a mineral deposit in which all geological, engineering, legal, operating, economic, social, environmental and other relevant factors are considered in sufficient detail that it could reasonably serve as the basis for a final decision by a financial institution to finance the development of the deposit for mineral production.

Examples of Bankable Feasibility Study in a sentence

• Once the Bankable Feasibility Study commences a monthly retainer of ZAR150,000 until then a monthly retainer of ZAR75,000 will be paid;2.

• If, after May 10, 2011, the Company completes a Bankable Feasibility Study on either the Heap Leachable Copper Resources or the Sulphide Copper Resources, or a combination of both, the Company shall pay the balance of any amounts owing within six months from the date of completion of the Bankable Feasibility Study.

• The test pits were carefully selected from the available drill hole data to accurately reflect the ore that is expected to feed the process plant.Pilot plant testing is intended to further define the technological parameters to be used in producing a Bankable Feasibility Study with the goal of building a commercial processing plant.

• Testing at the two facilities will allow NHP and MHP processes and products to be compared and a final process route chosen as part of the Bankable Feasibility Study that is currently underway.The TVIRD pilot plant has now processed all of the 8,000L of PLS received from BGRIMM and NHP filter cake was successfully produced February 7th, 2014 with a 52% to 54% Ni grade.

• Tranter would thereafter maintain its 20% participating joint venture interest by funding its pro-rata share of all development, construction and property costs after the completion of a Bankable Feasibility Study.

More Definitions of Bankable Feasibility Study

Bankable Feasibility Study means a detailed report in compliance with Canadian National Instrument 43-101, in form and substance sufficient for presentation to arm’s length institutional lenders considering project financing, showing the feasibility of placing any part of the Beskauga Property into commercial production as a mine and shall include a reasonable assessment of the various categories of mineral reserves and their amenability to metallurgical treatment, a complete description of the work, equipment and supplies required to bring such part of the Beskauga Property into commercial production and the estimated cost thereof, a description of the mining methods to be employed and a financial appraisal of the proposed operations;

Bankable Feasibility Study a comprehensive document or documents that addresses all matters which are customarily required for an effective assessment of the viability of the development and Mining of the JV Area, in such form and detail as are required for the purposes of determining whether to finance the development of a commercial Mining operation within the JV Area, including but not limited to chapters on the following : ownership, location, geology and ore reserves, metallurgy, Mining, materials handling, processing, ancillary facilities and site services, infrastructure for and 1256/AAP/KJW 26/04/2004 availability of labour, energy supply, environmental impact studies and rehabilitation obligations, capital costs, costs to be incurred to sustain production including initial working capital, the time and critical path to place the Mine into production and financing requirements throughout the construction phase, financial analysis (including price sensitivity analysis) assumptions as to mineral prices and utilisation of a discount rate consistent with financing costs at the time as well as project and country risks;

Bankable Feasibility Study means a positive study to determine the commercial feasibility of placing a Significant Orebody into commercial production in a form and content suitable for presentation to major banks and financial institutions which includes, but is not limited to;

Bankable Feasibility Study means a positive Feasibility Study for which project financing can be made available from a financial position;

Bankable Feasibility Study means the Mount Hope Project Molybdenum Mine and Process Plant Bankable Feasibility Study, dated August 29, 2007, numbered M3-PN06236 and prepared by M3 Engineering & Technology Corp. for Idaho General under Canadian Standard NI 43-101 format, consisting of a Volume I, a copy of which is attached as Exhibit G, and a Volume II, a copy of which has been provided to each Member and is incorporated herein by reference.

Bankable Feasibility Study means, in respect of each Prospecting Right, the taking of all such steps as may be necessary to compile and the compilation of a comprehensive document or documents that addresses all matters which are customarily required for an effective assessment of the viability of the development, funding and mining of the relevant Prospecting Right Area, in such form and detail as are required for the purposes of determining whether to finance the development of a commercial mining venture on the relevant Prospecting Right Area including, but not limited to chapters on the following: ownership, location, geology and ore reserves, metallurgy, mining, materials handling, processing, ancillary facilities and site services, infrastructure for and availability of labour, energy supply, water, environmental impact studies and rehabilitation obligations, capital costs, costs to be incurred to sustain production including initial working capital, the time and critical path to place the mine into production and financing requirements throughout the construction phase, financial analysis (including price sensitivity analysis) assumptions as to mineral prices and utilisation of a discount rate consistent with financing costs at the time as well as project and country risks;

Bankable Feasibility Study means a detailed report that recommends the development of a mine and includes at least the following information: