Feasibility Report means a detailed report, 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 Property into commercial production as a Mine and shall include a reasonable assessment of the various categories of ore reserves and their amenability to metallurgical treatment, a complete description of the work, equipment and supplies required to bring such part of the 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 and including at least the following:
(i) a description of that part of the Property to be covered by the proposed Mine;
(ii) the estimated recoverable reserves of Minerals and the estimated composition and content thereof;
(iii) the proposed procedure for development, mining and production;
(iv) results of ore amenability treatment tests (if any);
(v) the nature and extent of the facilities proposed to be acquired, which may include mill facilities if the size, extent and location of the ore body makes such mill facilities feasible, in which event the study shall also include a preliminary design for such mill;
(vi) the total costs, including capital budget, which are reasonably required to purchase, construct and install all structures, machinery and equipment required for the proposed Mine, including a schedule of timing of such requirements;
(vii) all environmental impact studies and costs of implementation;
(viii) the period in which it is proposed the Property shall be brought to commercial production; and
(ix) such other data and information as are reasonably necessary to substantiate the existence of an ore deposit of sufficient size and grade to justify development of a mine, taking into account all relevant business, tax and other economic considerations including a cost comparison between purchasing or leasing and renting of facilities and equipment required for the operation of the Property as a Mine.
Feasibility Report means a detailed written report of the results of a comprehensive study on the economic feasibility of placing the Property or a portion thereof into Commercial Production and shall include a reasonable assessment of the mineral ore reserves and their amenability to metallurgical treatment, a description of the work, equipment and supplies required to bring the Property or a portion thereof 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 supported by an explanation of the data used therein;
Feasibility Report 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 upon which any reasonable financial institution will lend funds in an amount sufficient to fully the operation of the mining anticipated in the study;
Examples of Feasibility Report in a sentence
If a Feasibility Report is approved as aforesaid, the Management Committee shall forthwith cause a Production Notice to be given to each of the Parties with an Interest by the Operator stating that the Management Committee intends to establish and bring a Mine into Commercial Production pursuant to the Feasibility Report as so approved.
If the Feasibility Report is a Non-Operator's Feasibility Report, the Operator is not entitled to vote with respect to the approval thereof.
The Operator shall provide copies of the completed Feasibility Report to each of the Parties forthwith upon receipt.
Construction shall be substantially in accordance with the Feasibility Report subject to any variations proposed in the Production Notice, and subject also to the right of the Management Committee to cause such other reasonable variations in Construction to be made as the Management Committee deems advisable.
More Definitions of Feasibility Report
Feasibility Report means a report for a specific hazard- ous waste facility that describes the facility, surrounding area, and proposed operation in terms of land use, topography, soils, geol- ogy, groundwater, surface water, proposed waste quantities and characteristics, preliminary facility design concepts and any anticipated environmental impacts.
Feasibility Report means a report on the economic and technical feasibility of an industrial project prepared by an approved Consultant or an Agency approved/recognised by the Director.
Feasibility Report means the Feasibility report prepared under sub-section (1) of section 3;
Feasibility Report means a country-specific feasibility report pre- pared by the Partner Country and approved by CEB and the Europe- an Commission which indicates in detail the institutional structures for the implementation of the respective CHP; specify implemen- tation mechanisms and procedures and detail the general scope, quantities, costs and schedules.
Feasibility Report means a report comprising:
Feasibility Report means a report for a specific solid waste disposal site or facility that describes the site, surrounding area, and proposed operation in terms of land use, topography, soils, geology, groundwater, surface water, proposed waste quan- tities and characteristics, and preliminary site or facility design concepts.
Feasibility Report means a report for a specific solid waste disposal site or facility that describes the site, surrounding area, and proposed operation in terms of land use, topography,