Pre-Feasibility Study of a Diamond Mine

Based upon the pre-feasibility study of the Adamas property, located in southern Wyoming; it is recommended that the company develop the property into an operating diamond mine. This recommendation is based upon the discounted cash flow analysis, using a discount rate of 8 percent. Based on this analysis the property has a Net Present Value (NPV) of $15.189 billion and an Internal Rate of Return (IRR) of 121 percent. The operation will be an open pit mine, with the mining on 14 meter benches using a truck and shovel setup. A conventional mill will be used utilizing washers and grease tables to separate the diamonds from the kimberlite. The project will have a life of 20 years and is expected to boost the region's economy during that time by providing a solid tax base and 375 wellpaying jobs for the area.

Name thesis:degree_name

Mining Engineering

Level thesis:degree_level

Honors Thesis

Grantor

University of Nevada, Reno

Year dc:date.issued

2011

Authors dc:creator

• Leonis, Domingo
• Loehden, Barret

Statement dc:rights

• In Copyright(All Rights Reserved)

Language dc:language.iso

en_US

Handle dc:identifier.uri

http://hdl.handle.net/11714/425

OAI identifier oai:identifier

oai:scholarwolf.unr.edu:11714/425