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Assured Exploration
Quality Commodity Ltd is an industry leader in the development of both new mines and new projects on existing mine sites. Our major focus is on the following five products:
- GOLD
- SILVER
- COPPER
- DIAMONDS
- LITHIUM
Modern mining is a very conservative and a virtually risk-free enterprise with an exciting potential for huge returns on investment. Modern mining has come a long way in the last century. Mining does not statistically rank among the most dangerous occupations. Per capita-wise, the industry doesn't even rank among the 10 most dangerous.
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Thorough Analsys
The process of mining from discovery of an ore body through extraction of minerals and finally to returning the land to its natural state consists of several distinct steps. The first is discovery of the ore body, which is carried out through prospecting or exploration to find and then define the extent, location and value of the ore body. With the advances in modern technology this process has become a precise science which leads to a mathematical estimation of the size and grade of the resource deposit.
This estimation is used to conduct a pre-feasibility study to determine the theoretical economics of the ore deposit. This identifies, early on, whether further investment in estimation and engineering studies is warranted and identifies key risks and areas for further work. The next step is to conduct a feasibility study to evaluate the financial viability, technical and financial risks and robustness of the project.
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Calculated Profits
This is when the mining company makes the decision to develop the mine or to walk away from the project. This includes mine planning to evaluate the economically recoverable portion of the deposit, the metallurgy and ore recoverability, marketability and pay ability of the ore concentrates, engineering concerns, milling and infrastructure costs, finance and equity requirements and an analysis of the proposed mine from the initial excavation all the way through to reclamation. The proportion of a deposit that is economically recoverable is dependent on the enrichment factor of the ore in the area.
Once the analysis determines a given ore body is worth recovering, development begins to create access to the ore body. The mine buildings and processing plants are built and any necessary equipment is obtained. The operation of the mine to recover the ore begins and continues as long as the company operating the mine finds it economical to do so. Once all the ore that the mine can produce profitably is recovered, reclamation begins to make the land used by the mine suitable for future use.
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