Economic Feasibility Study definition

Economic Feasibility Study. : means a comprehensive technical and economic study on the option selected to develop a mining project, and includes duly detailed assessments, notably a technical, commercial and financial assessment, required to demonstrate that mining a certain Mineral Deposit is economically and financially feasible;
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Economic Feasibility Study means a feasibility study (within the meaning ascribed to that term by the Canadian Institute of Mining, Metallurgy and petroleum, as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council, as amended) which demonstrates the economic viability of bringing the Property into commercial production. In the event that the Optionee elects that Royce Shares be issued for all or a portion of such payment, then the number of Royce Shares required to be delivered to the Optionor shall be determined by (i) converting the US dollar amount to be so paid into Canadian dollars based on the Bank of Canada's daily noon exchange rate as of the date of completion of such economic feasibility study (or if such day is not a business day for the Bank of Canada, then on the preceding business day) and (ii) dividing the resulting Canadian dollar amount by an amount equal to the greater of: (A) the average of the closing price of the Royce Shares on the Exchange (or other stock exchange on which the common shares of Royce are principally traded) for the ten (10) Trading Days prior to the date such economic feasibility study has been approved by both parties ("Trading Day" means a day on which the Exchange (or other stock exchange on which the common shares of Royce are principally traded) is open for trading and the common shares of Royce have traded), and (B) CAD$0.05.
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Examples of Economic Feasibility Study in a sentence

  • For the purposes of this Option Agreement "Economic Feasibility Study" means a feasibility study (within the meaning ascribed to that term by the Canadian Institute of Mining, Metallurgy and petroleum, as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council, as amended) which demonstrates the economic viability of bringing the Property into commercial production.

  • Provide one (1) digital copy and (1) hard copy of the final Economic Feasibility Study.

  • The study will include five major components: Infrastructure Analysis, Conceptual Site Analysis, Economic Feasibility Study, Marketing Study and Wage Analysis.

  • Additionally, the Economic Feasibility Study will produce a benefits-costs analysis following USDOT’s Benefit-Cost Analysis Guidance for Discretionary Grant Programs guidance, dated December 2023, available at: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/sites/▇▇▇.▇▇▇/files/2023- 12/Benefit%20Cost%20Analysis%20Guidance%202024%20Update.pdf to determine the value the Project’s suite of projects could offer to the region.

  • The Recipient will prepare an Economic Feasibility Study that examines the financial viability of the construction and operation of the proposals within the Study Area.

  • The overall goal of the Economic Feasibility Study work scope component is to analyze economically feasible industrial uses for the proposed site.

  • The Consultant shall review and appraise all data, instrumentation readings, studies and reports related to the existing Wala Dam and its appurtenant structures made available to the Consultant by JVA (Technical and Economic Feasibility Study for the existing Wala Dam, Existing Design, Laboratory Testing Reports, Instrumentation readings, Completion Report, As- Built Drawings...

  • Present the findings and recommendations of the Economic Feasibility Study to the City.

  • G/E shall be responsible for planning, designing, constructing, and together with SPT's assistance, inspecting and commissioning facilities and materials of the Networks in accordance with the Technical Feasibility Study, the Economic Feasibility Study and the resolutions of the Joint Coordinating Committee.