Investigating the impact of rehabilitation cost on a mining project: either included at last year of the life of mine (LOM) or equally distributed annually for LOM
Mine rehabilitation is a mandatory practice for every mine, and the cost includes all the expenditures incurred at the final stage of a mining project to restore the mine to/close to its original state. Current mining operations do not include mine restoration costs in the investigative actions in the feasibility of the project. It hard for mining operations to allocate provisions for rehabilitations. This research paper investigates the impact of rehabilitation cost on the financial standing and feasibility of a mining project when considered at the end of the mine life and when it is equally distributed annually for the whole mine life.