Pre-Feasibility Study definition

Pre-Feasibility Study means a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on the Modifying Factors and the evaluation of any other relevant factors which are sufficient for a qualified person, acting reasonably, to determine if all or part of the Mineral Resource may be converted to a Mineral Reserve at the time of reporting. A Pre-Feasibility Study is at a lower confidence level than a Feasibility Study.

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Pre-Feasibility Study means a comprehensive study of the viability of a mineral project that has advanced to a stage where the mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, has been established, and which, if an effective method of mineral processing has been determined, includes a financial analysis based on reasonable assumptions of technical, engineering, operating, economic factors and the evaluation of other relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the mineral resource may be classified as a mineral reserve;

Pre-Feasibility Study means a study commissioned or undertaken by a contracting authority for submission to the Unit in accordance with Section 36 (2);

Examples of Pre-Feasibility Study in a sentence

• If the Management Committee for any reason fails to adopt an Exploration, Pre-Feasibility Study, Feasibility Study or Development Program and Budget, the Manager shall continue Operations at levels sufficient to maintain the Properties.

• Within sixty (60) days after delivery of the Pre-Feasibility Study summary to the Participants, a Management Committee meeting shall be convened for the purposes of reviewing the Pre-Feasibility Study summary and selecting one or more Approved Alternatives, if any.

• In addition to providing each Owner with a copy of each Pre-Feasibility Study and Feasibility Study, the Manager must also provide each Owner with a copy of the underlying financial models used in preparing that Pre-Feasibility Study or Feasibility Study (as applicable), including physical and financial information schedules that include operating and capital assumptions that are consistent with those set out in the Reporting Policy.

• Each Owner will be entitled to retain all information (including copies of the relevant studies and all supporting documentation) irrespective of whether the Project contemplated by a Pre-Feasibility Study or Feasibility Study proceeds as a Sole Risk Development or otherwise.

• The Pre-Feasibility Study will be prepared in accordance with the guidelines set out in item 1 of schedule 5 as amended or replaced by any guidelines or protocols determined by the Owners’ Council from time to time.

More Definitions of Pre-Feasibility Study

Pre-Feasibility Study has the meaning given in clause 8.2(d).

Pre-Feasibility Study has the meaning given in clause 8.2(d) of the Joint Venture Agreement.

Pre-Feasibility Study. : means a general study on a range of options for the technical and economic feasibility of a mining project, a preferred mining method and an effective method of mineral processing;

Pre-Feasibility Study means the report by S▇▇▇▇▇ Engineering Inc., effective February 19, 2007 and revised April 30, 2007, analyzing the feasibility of the G▇▇▇▇▇ deposit and providing technical information on the Hilorico deposit.

Pre-Feasibility Study means an intermediate diagnostic study undertaken to develop and appraise the viability strategic options of a potential public private partnership project from a technical, financial, economic, legal, social and environmental standpoint and any other relevant disciplinary standpoint;

Pre-Feasibility Study means a preliminary study undertaken to determine, analyse and select the best technical option to address an identified problem;

Pre-Feasibility Study means a study to acceptable international standards which assesses the viability of conducting Mining Operations within the Property and upon which a decision to conduct a Feasibility Study is based;