Placer Mines

Listed here are financial model templates that are designed for projects related to placer mines and the mining industry in general.
Placers are unconsolidated deposits of detrital materials containing minerals. These are formed through natural processes such as chemical weathering, marine, stream, and wind action. The minerals mostly recovered are those with high specific gravity and physical toughness such as gold, tin, diamond, platinum, gemstones, etc. The method of extracting these minerals is placed mining, which can be done by open-pit or varied surface excavating equipment or tunneling equipment.