Capabilites
Overview
Micon’s professional services include geology, mining engineering, metallurgy, processing, environmental management, market analysis and mineral economics.
These services are integral to the assessment of geological potential, mineral resource estimation, preliminary economic assessments, pre-feasibility and feasibility studies, independent reviews of mining and mineral properties, independent engineer services, economic analysis and litigation support.
Where appropriate, the results of these studies are provided in the form of Technical Reports suitable for public disclosure under Canadian National Instrument 43-101, or as Competent Person’s Reports.
Micon can assist mining companies at all stages of mineral property development from early-stage exploration, drilling and sampling, resource estimation, and technical studies, through financing and construction, and into production.
For equity investors or lenders, technical due diligence during project financing or mergers and acquisitions is undertaken, as well as in specialist assignments for property valuation and litigation support.
Geology
Micon’s geologists have a wealth of experience in the estimation of mineral resources and the assessment of exploration potential in diverse geological settings and styles of mineralisation, backed up by skills in data management and the use of state-of-the-art technical software.
Data Management and QA / QC
Micon’s mineral resource modelling team provides advice on the construction of robust geologic databases, including support to develop, execute and supervise drilling, logging, sampling and analytical programs and practices that control and enhance the value of exploration data and information.
Mineral Resource Estimation and Audit
Micon’s geological staff has accumulated many years of experience in the preparation and review of mineral resource estimates for a wide range of minerals and metals found in various types of deposit, and are skilled in using of state-of-the-art estimation techniques and software.
Due Diligence Review and Audit
Micon applies the same care and skills to the review of work by others, as part of a technical audit or an investor’s exercise of due diligence.
Mineral Property Valuation
Micon has recognized expertise in mineral property valuation gained through consulting assignments in all major base and precious metals, the energy minerals (coal and uranium), and a wide range of industrial minerals.
Mining Engineering
Underground or open pit, Micon’s mining engineers have the operational experience necessary to ensure credible, auditable mine plans, schedules and cost estimates at all levels of technical study from PEA to operation.
Mine Design, Planning and Scheduling
Whether tasked with study preparation or review, Micon’s mining engineers can draw upon relevant operational experience to ensure mine designs and schedules are based on industry best practice and represent achievable development and production targets.
Mineral Reserve Estimation and Audit
Micon is fully conversant with the mineral resource and reserve reporting codes used internationally – CIM Definition Standards, JORC Code, SEC, SAMREC and Russian systems.
Reconciliation of mineral reserves with actual production data is routinely carried out as part of a technical audit or due diligence exercise.
Drilling and Blasting
Micon also offers a wide range of consultancy services pertaining to drilling and blasting in surface and underground mines. The services include blast audits, problem solving, blast optimisation and training.
Mining Operational Audit
Micon’s audit procedure is based on its knowledge of the key technical and economic factors which influence the profitability of mining operations, including estimation of geology and grade control, mine planning and scheduling, drilling and blasting, mining operations and mineral processing. If you have an open pit or underground mining operation, please contact our your nearest Micon office to hear more about the services Micon can offer.
Metallurgy and Process Engineering
Experienced metallurgists are available to guide your metallurgical testwork program and process engineering through each stage of project development, delivering timely and cost-effective solutions.
Metallurgical Testwork Design and Management
Micon’s professional staff has experience in the design and management of testwork programs for precious and base metals and industrial and specialty minerals.
Process and Flowsheet Design
Processing and metallurgical extraction flowsheets are developed for a range of methods in support of project feasibility or optimization studies.
Engineering Studies
Selection and sizing of equipment, and the preparation of estimates of labour, capital and operating costs are carried out as part of Preliminary Economic Assessments, Prefeasibility or Feasibility Studies.
Monitoring of Construction and Development
As the lender’s independent engineer, Micon conducts regular site visits to monitor progress and costs, and provides independent certification of completion.
Mineral Economics and Market Analysis
Project cash flow projections are made at all levels of engineering study to determine potential economic viability.
Valuations of mineral properties and/or mining companies are provided for the independent determination of fair market value in support of corporate transactions or litigation.
Market analyses are conducted to provide reasoned price forecast for cash flow evaluation of mineral properties, as stand-alone market studies and for the advice of clients, and are provided for a range of metals, minerals and specialty products.
Market Analysis
Market analyses are conducted to provide reasoned price forecast for cash flow evaluation of mineral properties, as stand-alone market studies and for the advice of clients, and are provided for a range of metals, minerals and specialty products.
Mineral Economics
Project cash flow projections are made at all levels of engineering study to determine potential economic viability.
Valuations of mineral properties and/or mining companies are provided for the independent determination of fair market value in support of corporate transactions or litigation.
Risk Assessment
Based on its due diligence review and ongoing monitoring of project development, Micon routinely assesses technical risk factors that could materially impact project returns to debt and equity. As an independent engineer, Micon is well placed to provide guidance on risk management to project sponsors as well as their providers of capital.
Environmental and Social Consulting Services
Micon provides independent evaluation and practical guidance to address environmental, social and governance issues and risks for mining projects at all stages of development.
Consulting Services
Micon provides assessment and due diligence services to address environmental, social and permitting issues and risks across all phases of the mining lifecycle. Experienced professionals advise on environmental and social performance, stakeholder engagement and integration of environmental and social management systems with mining activity at all stages from planning and design through to closure and post-closure.