Business plan small scale mining permit

This increases the mining potential of the zone.

mining business plan doc

When the project has been financed there will be a one month design phase to confirm that the flowsheet is appropriate for the project. A local consultant with specialized skills will be hired to write the necessary permitting documents and that the whole process will take from 3 to 5 months.

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The plant availability is assumed to be 95 percent resulting in effective operating days per year. Also the sizing of the ball mills will be more accurate and it is likely that smaller equipment will be used. The country allows any person or company to create and own a Peruvian entity and all profits can be repatriated to another jurisdiction free of additional levies.

Business proposal for mining company

The three samples were placed in a glass container and agitated for 48 hours. With high gold prices there are literally thousands of small miners operating in the area of interest and there is not enough plant capacity for them. The mining activities which are of interest to this report take place within the mountain barrier and usually at elevations below meters above sea level masl. We know that one of the ways of gaining approval and winning customers over is to supply our raw gold and silver a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. This is essentially a resuing method whereby an opening large enough for a person to work is made alongside the vein and the ore is then slashed off the wall. Nevertheless, relatively little exploration was carried out in the s and s and development of the mining sector came to a halt. These are discussed below; The plant does not effectively separate the gold: The technology for winning gold from these types of ores is well understood and there are other much older and quite dilapidated plants operating successfully in the area. Veins found to crosscut granodiorite and diorite, tonalite or andesite often contain higher gold grades in the diorite, tonalite or andesite than in granodiorite. The slurry then passes into the first of three carbon-in-pulp tanks where fine carbon particles move in counter current with the slurry to absorb the gold laden cyanide solution. We have been able to critically examine the gold and silver ore mining line of business, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Mining Project Risks While the project demonstrates excellent potential economic returns it is not without its risks. Skilled and professional talent exists in abundance and is of a high quality. Note that activities cannot occur: in a designated precinct in a strategic environmental area within 1km of a Category A or m of a Category B environmentally sensitive area in a watercourse or riverine area. The lack of accelerated write-offs has been a topic of conversation between the mining industry and the government for some time but with commodity prices at high levels it is not considered likely that any changes will be instituted at this time.

Income taxes Income taxes are a flat 30 percent of resource revenue and most capital expenses are amortized straight line over a 10 year useful life. The net result is a capital estimate accurate to within plus or minus 15 percent.

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The results of this work are shown on Figure 4 below.

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A Sample Small Scale Gold Mining Business Plan Template