Coal Block Valuation in Eastern India
Geovale Services along with Thriveni Earthmovers completed valuation of a large resource coal block in Eastern India, for a mining company keen on bidding for the block.
Geovale-Thriveni’s team geologist, coal processing specialist, infrastructure specialist, market analyst and financial modeler were part of the coal block valuation team.
Tools used included:
- Geovale’s extensive Indian Coal Database and knowledge of coal block geology and mineability Geology and structure of N-Karanpura coalfield
- Exploration data validation process
- Geological Resource Modeling using 3D Modeling software
- Mine plan, equipment scheduling, lead and lift study
- Coal quality and washability assessment
- Satellite data to determine land-use / R and R requirements; local land schedule
- Forest and environmental data analysis
- Local infrastructure assessment
- Market analysis
- Financial modeling – DCF, NPV and sensitivity analysis
Key Project Milestones
- Digitisation of database from GR validation of analogue to digital database along with proper QA-QC
- Preparation of 3D Resource Model
- Mine plan and estimation of mineable reserve
- Calculation of lead and lift
- Assessment of Mine Outlay for CHP and silo operation;
- Preparation of a Financial Model with sensitivity analysis
- Valuation