The Problem
Open pit and underground mining scenarios proved uneconomic… a stranded asset.
Our Approach
- Work with client to identify key pain points
- Engage client throughout process to align goals
- Build 3D mine plan using customized software
- Utilize proprietary economic model to generate projected results
Surgical Mining Benefits
- Unlock value in currently uneconomic deposits
- Minimise development work and time to ore
- Flexible mine planning
- Maximise near term cash flow
- Small environmental footprint
Results
- NPV >$20M
- IRR >60%
- 5 X vs conventional
- $/t* $125-$140
Novamera Inc. (“Novamera”) has completed a field deployment in Newfoundland (the “Project”), demonstrating a transformative, low-capex alternative
At the Canadian Institute of Mining (CIM) in St. John's, Novamera’s Allan Cramm took the stage to
Novamera Inc., a Canadian mining technology company, has achieved a world first: the mining of a mineral
