Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Re: LBE

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LBE

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Aug 21, 2008 02:23AM

Re: LBE

in response to by
posted on Aug 21, 2008 07:05AM

Buxom

(p82) Table 16-4 gives you the resource.

p 83 Table 16-5 Grade sensitivity tables

p 87 three levels to be mined

1) 65m level

2)100m level

3)135m level

read pp 86 - 88 sections 17.1.16 & 17

Very important:

Section 17.2 pp93-94

Table 17-2 and Table 17-3

Mining costs are pp 93-94 but look at last nr for latest costs

page 100 table 17.7

In one of my notes I took the Total figure $58.97 / 20 = 2.9485 per lb

I also used $58.97 / 14 = 4.21 per lb

average operating cost will be $2.52 per lb. The total cost per lb after smelting is $5.56

average grade 0.93% ni

20 lbs of Ni er tonne of ore $89.00 (Table 17-8 p 101) / 20 = $4.50 per lb

**********

If you go back to July 07, 2008 6:10pm we spent the weekend working through it at $9.00. Hope this helps. Ican't work things out until this evening.

Just below it is total costs





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