Jameson Resources has retained Sedgman to work on the update to the prefeasibility study (PFS) on the Crown Mountain metallurgical coal project in British Columbia.
Sedgman, an engineering company specialising in coal processing and infrastructure, will review coal quality and provide advice on potential improvements to the PFS’ processing strategy. It will also review the Crown Mountain infrastructure plans and work to identify potential savings.
The PFS update is being led by Vancouver-based mining consultancy, Norwest Corp. The update will include a review of potential CAPEX and OPEX savings around fuel costs, labour and materials, used vs. new equipment, wash plant modifications and fleet optimisation.
The PFS will also include changes in macroeconomic factors – such as the current more-favourable exchange rate and the significant increased in metallurgical coal prices seen this year. 1Q17 contract prices were recently settled at US$275 per tonne – more than triple that of early 2016.
In addition to Norwest and Sedgman, Jameson “may elect to add another world-class party to the effort,” the company said.