The objective of this case study is to evaluate the economic feasibility of the proposed silica sand project at the Highfield site, Western Australia, by Vega Resources Ltd$.$ For this evaluation, you will need to make an Excel spreadsheet model to see if the project is possible, do a sensitivity analysis to see how different factors affect the project's economics, and then make a suggestion based on what you find.

Introduction:$$

Andrea Sharma, working at Vega Resources Ltd$.\text{'}$s Perth headquarters, faces the task of evaluating the economic potential of a silica sand mining and processing project at the Highfield site in Western Australia. The project aims to mine and process silica sand for glass, ceramics, and foundry markets. Silica sand, a vital raw material in these industries, requires specific characteristics, including high purity and low impurities. The project's feasibility hinges on factors such as ore reserves, capital costs, and market conditions. This case study delves into the project's details, outlines objectives, and highlights the need for robust financial analysis to guide Vega Resources' decision.