Pakri Barwadih – BC

Project by Services – Exploration Project Management/ Mine Planning/ Geological Resource Modeling/ GIS & Remote Sensing/ Mineral Analytics
Project by Mineral – Coal
Project by Country – India
Project by Regions – Asia
Heading – 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 of coal exploration geologist and mining engineer specializing in Indian coal, resource 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