Mining Project Evaluation

SRK recently completed a comprehensive Due Diligence (DD) study on a complex mining operation in Southern Africa. The copper mining operation consists of a complex array of surface and underground ore production operations together with primary and secondary beneficiation facilities. SRK’s approach to DD studies is to involve professional staff...

Over the last 15 years, the importance of environmental, social and closure issues in the evaluation of mineral properties (MPE) has significantly changed. While once these issues were generally considered insignificant, they have evolved into an integral component of most MPEs. Many investors have specific environmental, social and closure standards...

SRK was commissioned by a Chinese company to review a copper project located in East Africa. The objectives of the review were to use the data provided to analyse and provide summaries of the results for the client, and comment on any material flaws detected in the project. The SRK...

Trekkopje is the site of a green fields project, consisting of a very large, low-grade, shallow uranium resource hosted in calcium carbonate cemented (calcrete) conglomerates. It rests in the arid desert region of western Namibia, in southwestern Africa, situated in gently sloping terrain. Trekkopje will be an open pit operation,...

The short answer to this important question is Yes – SRK brings value to clients, licence holders and advisers during the due diligence process, whether it involves an IPO, purchase, sale, or borrowing. We are able to do this because of the experience, breadth of knowledge, and communication skills of...

The Red Mountain Project near Stewart, British Columbia has been the subject of extensive exploration and development activities since 1989. Seabridge Gold Inc. (“Seabridge”) acquired the Red Mountain Project in February 2002 to provide exceptional returns to shareholders by maximising leverage to the gold price that was expected to rise...

In connection with the acquisition of Falconbridge Ltd., the integration planning team of Xstrata plc commissioned SRK to provide technical guidance for the evaluation of Falconbridge’s exploration assets. SRK’s assignment was to complete a desktop review of Falconbridge’s greenfield exploration assets with a view towards summarising the characteristics of the...

Talvivaara is a Greenfield mine development, located in eastern Finland. It is the first application of the bio-heap leaching process for the economic exploitation of low-grade, nickel-zinc sulphide ore bodies. Although not yet in full production, Talvivaara already stands out for using new, innovative technology and for the speed at...

SRK began its relationship with Minto Exploration Ltd. (a 100%-owned subsidiary of Capstone Mining Corp.) in 2006, when it conducted a due diligence review of the Minto copper-gold-silver mine project for a major bank. At that time, the company had just completed a feasibility study and was fast-tracking construction at...

Allied Nevada Gold Corp. was formed in 2006 after purchasing a portfolio of over 100 precious metal prospects in Nevada (NV). Their flagship property, Hycroft, located 60 miles west of Winnemucca, NV, was reactivated after a 10-year dormancy period to establish cash flow to fund on-site exploration and to develop...

When evaluating projects in Russia, Kazakhstan and other CIS countries, a key challenge is that their data and technical studies have been developed following resource reporting guidelines that differ from the standards many international investors or consultants use. SRK has been involved in CIS projects for many years and has...

A fundamental part of SRK’s approach to project evaluation is the recognition that many of the risk areas associated with mining projects are driven by lack of understanding of the geology of the deposit in question. Typically, there is significant focus on the impact of geology on the resource. This...