Coal Block Valuation in Eastern India

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