Making a project work
Could somebody point me to a useful resource about what it takes to transform a mineral discovery into a producing mine? I’m looking for something that covers both technical work and the business side. My cousin once showed me drill samples from a project everyone called exciting, but funding never arrived. It made me realize how many hurdles come after the first discovery.
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I’ve found that the discovery is often the easiest part. After drilling, a project still needs resource definition, metallurgical testing, mine design, environmental studies, permits, infrastructure, a feasibility study, and serious financing. A friend worked on a promising copper prospect where the geology looked great, but power access and funding killed it. This profile on view the investor profile is also worth browsing for a real-world perspective on the business side.