Costmine - Industry Standard for Mining Cost Estimating
Mining Cost Service continues to be a useful reference on a wide range of topics for early stage mine planning through to ‘fill the gaps’ on more detailed studies. Mining Cost Service provides an independent source for information on equipment, quantities and cost for a significant number of mining methods and range of production rates.Mining Cost Service & 183; Equipment Costs & 183; Cost Guides & 183; Software & 183; Labor Reports & 183; Regional Analysis
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Mine and Mill Equipment Cost Guide - Costmine
The Mine and Mill Equipment Cost Guide covers more than 3,000 items of mobile, portable, and stationary equipment commonly required by mining and milling operations. Select from a full range of sizes and types, with productivity information for many items.
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Operating Cost for Miners SRK Consulting
Mine cost estimation may be done at many levels. At first it may be a simple “back of the envelope” estimation using similar operations to benchmark against. Later it may be decided to use an existing mine that the company owns and factor and compare costs against them.
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Equipment selection - QueensMineDesignWiki
IntroductionPreliminary Selection ConsiderationsLoad-Haul-Dump MachinesHaul TrucksJumbo DrillsProduction DrillsRock-Bolting MachinesOther Ancillary EquipmentEconomicsEquipment Utilization and AvailabilityThe determination of the initial mobile equipment fleet is an important step in the overall underground mine design process, and is typically based on the production targets, mining methods, and stope dimensions. Not only does the mining equipment employed in the operation impact the overall mine productivity, ventilation requirements, and maintenance considerations of the entire mining operation, but also the overall project economics. The initial capital cost calculations, annual operating costs, equipme…
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PDF COST ESTIMATION FOR OPEN PIT MINES: TACKLING COST
groups: i mining costs, ii processing costs, iii mine reclamation costs, and iv power and energy costs. G and A cost is regarded as management cost per year, which consists of
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The Costs of Owning and Operating Machinery - Peterson
I decided to double the $8 per hour average and use $16 per hour in my estimate. Since there are no consumable costs with an excavator, my total estimated variable cost came to $19.25 per hour. My total estimated owning and operating cost came to $33.92 per hour, which I rounded to $34 per hour. I recognized that repair costs were a significant risk.
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Capital and Operating Costs - Panoramic Resources
Capital Costs Pre-production and ramp-up capital costs in the Updated FS Base Case are $36M. The ramp-up period is assumed to cover the first three months of production, during which time all operating costs and revenue would be capitalised. Life-of-mine capital expenditure, inclusive of pre-production costs, mining capital development and sustaining property, plant and equipment …
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Cost of Stoping for Underground Mining
Stoping cost is one of the largest of the items comprising the total cost of producing ore. The cost per ton of ore mined is important but may be overemphasized if the more important cost, that per unit of metal recovered, is thereby overlooked. A given stoping method may give a low cost per ton of ore but, by reason of high dilution involving the handling, hauling, hoisting, and treating of a
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PDF pwc.com.au Productivity and Cost Management
With prices falling and costs rising… $0 $50 $100 $150 $200 $250 FY12 FY14 FY16 FY18 FY20 Forecast average met coal production costs and price State Royalties Carbon Price Impact Port Rail Labour Production Costs Non Labour Production Costs Coal Price PwC Productivity Index - 1995 to 2011 Base Year = 1995, Base = 1000 … which is in large part
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Operating Costs of Gold Processing Plant
A small gold mine flowsheet is shown below together with cost data which clearly shows the results that can be ‘obtained when handling a low grade ore by a simple process. There are many commendable features in such a set up and no compli ed machines or practices are embodied in this plan. In fact, its simplicity is appealing and the results obtained prove the practicability of this
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The Costs of Owning and Operating Machinery - Peterson
I decided to double the $8 per hour average and use $16 per hour in my estimate. Since there are no consumable costs with an excavator, my total estimated variable cost came to $19.25 per hour. My total estimated owning and operating cost came to $33.92 per hour, which I rounded to $34 per hour. I recognized that repair costs were a significant
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Equipment selection - QueensMineDesignWiki
Equipment utilization impacts the operating costs, which affect the overall production costs of a mine. For example, in a mine utilizing 5 LHD’s, each possessing a bucket capacity of 8 yd 3 and an operating cost per hour of $90.50 with a utilization of 15 %, the total operating cost per day can be calculated to …
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Underground - Hard Rock Mining Equipment Cat Caterpillar
Caterpillar offers a range of underground mining systems and solutions to meet your high production demands and lower your cost per ton. Equipment Type 2 items Underground Mining Load Haul Dump LHD Loaders
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PDF Surface Mining Methods and Equipment
underground mining equipment is specialized and expensive. labor cost per effective working hour in underground mines is much higher than on the surface. Underground mines also require additional energy and expenditure for ventilation, air conditioning if …
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Mineral Processing Operating Cost Estimate of Ore Treatment
Only where a group of mines operates in a single district are costs comparable and then only with reservations. In general, cost systems are fairly uniform, yet in studying costs of a number of plants it is noticeable that in some cases there is a tendency to omit certain operations which are proper charges against ore dressing and treatment. These should cover the first stage of coarse
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PDF Activity Based Costing: Challenging the way we cost
The underground coal mining industry is capital intensive as a result of it being highly automated. The capital manner in which to cost underground coal mining systems. With 150,000 tons per month by the installation of new mining equipment. His results are summarized in Table I.
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PDF Caterpillar Performance Handbook - Hawthorne Cat
Repair and Planned Maintenance cost per hour are developed jointly by the customer and local Cat dealer. In the examples, labor is assumed $60.00 per hour, fuel $1.25 per gallon. For reliable estimates, these costs must always be obtained locally. Because of …
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Underground Mining Transportation and Haulage Systems
Table of ContentsTransportation of Ore and WasteTramming and HaulingHand TrammingAnimal HaulageTon-Miles Obtained Under Varying ConditionsMechanical HaulageLocomotive HaulageTramming and Haulage CostsScrapingConveyor Systems Transportation of Ore and Waste For the purpose of this discussion, “transportation” signifies the operations involved in transporting ore …
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PDF How a focus on equipment performance productivity returns
generate cost savings of between $1.50-2.00 per tonne. ie a return of $9 – 12 million per annum per machine . Best practice may Australian mining equipment appears to be run at a significantly lower level of annual output compared to most other mining countries see Figure 4
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PDF Major Equipment Life-cycle Cost Analysis
Equipment life-cycle cost analysis LCCA is typically used as one component of the equipment fleet management process and allows the fleet manager to make equipment repair, replacement, and retention decisions on the basis of a given piece of equipment’s economic life. The objective of this research is to develop a robust method that
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