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Aspects of the Project Formulation
Techno Economical and Mining Areas’ Formulation and Evaluation
The technologic economical formulation and evaluation must take note fundamentally that the geological information, mines and metallurgic and those of engineering, most of which must be obtained in the same grounds or centers of operations; this becomes advantageous due to the fact that at the same time one can begin the geological exploration of the field and other engineering operations that would be necessary.
Due to this, the trustworthiness and the use of an evaluation and formulation depend entirely on the disposition and preciseness of the data presented and of the capacity of the professionals who are the ones that with the information perform the interpretations, designs and calculus to determine if the acquisition of a mining property and/or the execution of the process are justifiable.
Preliminary evaluations with scarce engineering and geological data are frequently performed, based on suppositions which are generally conducing to making wrong decisions.
The conjunction of information and analysis is needed to decide the execution of a project, its rejection or postponement, must be developed in a level of detail which allows pointing out the preliminary actions of its implementations immediately.