Impact of underperformed basic upstream operations such as drilling and blasting will sustain this inefficiency in downstream. Effective maintenance practices for mining equipments dr. Financial reporting in the mining industry international. Thanks in large part to the efforts by john chadwick of the mining journal, and many other members of the mining community, the hard rock miners handbook has been distributed to over 1 countries worldwide. Operating conditions, wage scales, and unit prices are typical for western u. However, in some examples, spreadsheets are employed to aid manual iteration. Although these differ between each mine site, jurisdiction and company, the risk heat map reflects figure 6 the aggregation of how the top 40 reports risks and how these have changed over the previous year. Mining tax canada treatment of expenditures in canada. You probably have the experience and judgement you need, and now with the mine and mill equipment cost calculator you also have access to r2minings complete equipment cost database, along with the mechanism to extract and. Rustoleum leak seal 15 oz easy to use, rubberized protective utility coating designed to fill and seal leaks and cracks. Costmine industry standard for mining cost estimating.
The flowsheet is ideal for a pilotplant in field testing of ores to determine the economic feasibility of an ore deposit prior to the installation of a larger plant or for processing ore. This twovolume looseleaf system places data for all pertinent cost estimating areas at your fingertips. The ok tedi mine is an openpit copper and gold mine in papua new guinea located near the. Rod mill a rotating steel cylinder that uses steel rods as a means of grinding ore. There is a mill adjacent to the mine that transforms the raw material mined into copper concentrate slurry. Nov 02 2017 the 2017 mine and mill equipment costs an estimator s guide in now ready for release our 2017 release includes many revisions and enhancements to improve upon our engineeringbased approach to equipment selection and mine cost. Reliable equipment cost estimating requires experience, judgement, attention to detail, and the best cost data available. You probably have the experience and judgement you need, and now with the mine and mill equipment cost calculator you also have access to infomine usas complete equipment cost database, along with the mechanism to extract. Our 2017 release includes many revisions and enhancements to improve upon our engineeringbased approach to equipment selection and mine cost estimating. Table 1 c wheat selfpropelled combine harvester 19 table 1 d truck 19 table 1 e tractor and trailer 21. In 2007, freeport mcmoran merged with phelps dodge.
Hammers, protective liners, and screens are easily replaced at reasonable cost. Select your equipment inventory from our database of over 3,000 models and sizes. Each year the taxpayer is entitled to claim a capital cost allowance. Mining cost service is the industrys standard reference for mine cost estimating. Request pdf equipment selection for surface mining. Infomine mine and mill equipment cost calculator costmine. Here i will explain about mine mill equipment costs estimators guide capital. Newmont offers university students and recent graduates opportunities to gain realworld experience with a global leader in responsible mining. The following tables include the tonnage handled per day in each mill, the. Costs and conclusions derived from this manual must.
Flowsheet aa, and then by the addition of the more extensive equipment, it is possible to take care of slight changes in the ore as well as improve recovery. The equipment list and capital costs are the same as in both mining cost service and mine and mill equipment. Estimation of capital costs for establishing coal mines in south africa moshe mohutsiwa a research report submitted to the faculty of engineering and the built environment, university of the witwatersrand, in partial fulfilment of the requirements for the degree of master of science in engineering johannesburg, 2015. The hourly operating costs are the same as in the mine and mill equipment co. Many people have talked about australian coal cost guide on economic growth pdf. Baker mining and metals hammer mills are industrial grade, continuous duty machines. This mine is an open pit mine producing 5,000 tonnes ore and 5,000 tonnes waste per day. The following listings of equipment capital and operating costs are taken directly from the current mining cost service manual and mine and mill equipment cost estimators guide. Two distinct set of factors drive mining cash costs. In this paper, cost uncertainty is considered as cost of under production, and cost of over production. Deswik software is used in over 50 countries as a single integrated platform across the mine planning value chain.
Maintenance represents a significant proportion of the overall operating costs in the mining industry. In 2019, we continued our focus on providing an integrated platform that supports mine design and planning across all planning horizons and the mining. Equipment selection, surface mining, shoveltruck productivity, mining. Abrasive material grinding like granite or quartz ore, requires regular daily hammer mill maintenance. The first set of factors relates to the actual costs of inputs. This is the online version of the mine mill equipment costs an estimator s guide. Skilled labor, mining materials, equipment, reagents, structural steel. Surface mine material haulage costs constitutes nearly 50% of the total mining cost. The 2017 mine and mill equipment costs an estimator s. Mine mill equipment costs estimators guide capital journal.
Less expensive than the helicopters traditionally used by the industry to gain an aerial perspective, drones are providing mining companies with mapping abilities that provide better results and drastically improved flexibility for a fraction of the cost. Mine to mill is considered as a key concept for metal mining recently. Included are mobile and stationary equipment for surface and underground mining. I am greatly looking forward to taking up my new role as commissioner in charge.
About the mine and mill equipment cost calculator costmine. The mining cost service manual contains only part of the equipment cost data, but. Process equipment cost estimating by ratio and proportion. This arrangement and flowsheet of a mini portable gold processing plant permits several mineral separations by flotation and provides for the possible recovery of other minerals by gravity concentration.
In addition to the items listed here, these manuals contain entries for 74 additional excavators, 50 additional haulers, 16 dozers, 6 graders, and 28 additional drills, plus 3,000 other sizes and types of equipment used in surface and. The revenue from the ore must pay for the cost of excavating the waste from the. Microdrones uavs are taking the global mining industry by storm. Competition merger brief european commission european union. Cost estimation handbook for small placer mines alaska division. Rock characteristics for both ore and waste are typical of those of granite or porphyritic material. This calculator will allow equipment estimates in locales outside north america. Cost models of theoretical mining operations costmine.
The cost data and advice you need to make informed mining decisions. This article presents cost models for open pit mines, which takes into account cost uncertainty. It contains 1,000 pages of easytofind, indexed information to make your cost studies. Overview of mining costs 24 august 2012 30 broad street, 37 th floor new york, ny 4. Mining equipment mining equipment is procured from year 1 through to year 2, with the cost of this equipment estimated by mining plus based on multiple budget quotations. Cost estimation handbook for small placer mines by scott a. Two main types of mines open pit mining roughly ten times lower in cost per ton compared to under ground mining slope stability decide wasteore ratio with low grades a high production rate is needed big equipment for high volume production under ground mining under ground mines commonly have lower production rate increased cost to infrastructure and ground support. Mining industry response to the book continues to be incredible.
In addition to the items listed here, these manuals contain entries for 74 additional excavators, 50 additional haulers, 16 dozers, 6 graders, and 28. Youll receive current capital costs for 3,000 equipment items used for mining and milling, including trucks, shovels, loaders, drills, locomotives, ventilation equipment, crushing and grinding equipment, pumps, motors, continuous miners and more. With four clearlytabbed sections of over 3,000 pieces of mining, milling and processing equipment, the guide is conveniently. Our equipment cost calculator provides access to the costmine database containing reliable capital and operating cost data for 3,000 equipment items commonly found at mines around the world. Stebbins abstract this bureau of mines publication presents a method for estimating capital and operating costs associated with the exploration, mining, and processing of placer deposits. These five illustrated flowsheets fully described in the article small gold ore processing plants follow a natural sequence. Roomandpillar mining a method of mining flatlying ore deposits in which the minedout area, or rooms, are separated by pillars of approximately the same size. Cost estimation cost indexes present cost original cost at time t marshall and swift. Tripathy department of mining engineering nit, rourkela769008. Our mission is to become a reliable and respected uranium producer. Mine and mill equipment cost calculator r2mining infomine.
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