Re: John
posted on
Jul 07, 2008 12:49PM
Producing Mines and "state-of-the-art" Mill
I am confused.
If I look at table 17-B (page 101) of McWatters Technical report they showthe following (Cost $/tonne of ore)
Development cost $17.73
Longwall mining mining $3.70
Equipment operating cost (Fuel, elecricity, supply) $11.83
Lierty labour cost $10.50
consulting work $0.10
Capital/equipment expenditures $9.97
Surface transportation(ore haulage to redstone plant) $3.50
Mobile equipment lease cost $5.26
Mill cost $14.50
Backfill $1.59
Closure/Water Treatment Env $3.71
Longhole drilling $2.52
G & A $4.30
Total estimated cost projection $89.21/tonne of ore
So the article says $12-$16 US per pound- How do you convert our figure of $89.21/tonne of ore to cost per pound?