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open pit capital cost

(PDF) A New Cost Model for Estimation of Open Pit

2019年2月1日  In this paper, in order to achieve a reliable cost model, the technical and economic data of 15 open pit porphyry copper mines have been collected. The proposed cost model is developed...

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EconPapers: Forecasting mining capital cost for open-pit mining ...

Abstract: This study considered and developed four artificial intelligence (AI) techniques to estimate mining capital cost (MCC) for open-pit copper mining projects with high accuracy,

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Cost estimation for open pit mines: Tackling cost uncertainties

In this paper, costs in open pit mines are categorized into four groups: (1) capital costs, (2) operating costs, (3) general and administrative (GA) costs, and (4) fixed costs....

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Forecasting mining capital cost for open-pit mining projects based

2019年8月23日  A model based on regression tree method is developed to estimate the mining capital cost and according to the obtained results, the capability of presented model to

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Optimal Pitwall Shapes to Increase Financial Return and ... - Springer

2022年2月9日  9 Citations. Explore all metrics. Abstract. The steepness of the slopes of an open pit mine has a substantial influence on the financial return of the mine. The paper proposes a

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[PDF] A New Cost Model for Estimation of Open Pit Copper Mine

2019年1月28日  This model is capable of estimating open pit porphyry copper mine capital expenditure in an acceptable range of error and indicated a proper fit on the data set. One of

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Mining capital cost estimation using Support Vector Regression

2019年8月1日  This study considered and developed four artificial intelligence (AI) techniques to estimate mining capital cost (MCC) for open-pit copper mining projects with high accuracy,

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Combined capital cost of open pit mine/mill projects.

The interest rate is 7%, the development duration is one year while there is one extra year for decision making about the best time for starting the project, and the capital costs of the ...

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Capital and Operating Cost Eestimation for Open Pit Mining

Background information, formulae and a systematic set of procedures for estimating capital and operating costs for open pit mining equipment are presented in this paper. Firstly, equipment capital costs are required. These can be obtained from either suppliers, contractors or from first principles. The equipment is then divided into cost elements. Typically these are fuel and

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Capital (a) and operating (b) costs for open pit and caving mines

Download scientific diagram Capital (a) and operating (b) costs for open pit and caving mines from publication: Open pit or block caving? A numerical ranking method for selection Mining in the ...

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Development of Open-pit Mine Reclamation Cost

2021年10月2日  To this end, after collecting the historical cost data of 41 open-pit mine reclamation projects, a comprehensive data set of 16 mine reclamation costs groups and the extent of the disturbed mined ...

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Open Pit Mining IntechOpen

2021年2月17日  Open pit method is usually nonselective, and it includes all high and low-grade zones; whereas mining rate is nearly over 20,000 tons mined per day and often necessitates a large capital investment but generally results in high productivity, low operating cost, and good safety conditions .

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typical operating cost distribution in an openpit mine [6]

The cost of transporting rock mass increases by 20-30% on average for every 100 m of depth in deep pits. The share of these costs reaches 70% or more of field development total cost [3][4] [5].At ...

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v115n8a17 Parametric estimation of capital costs for establishing

stay-in-business capital. Stay-in-business capital does not cover operational cost items that are needed to keep the mine running (Rudenno, 2009). Figure 2 shows a typical distri-bution of total capital costs for relevant activities in the production cycle in open-pit mines. The typical mining cost breakdown shown in Figure 2 was established by ...

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ESTIMATION OF CAPITAL COSTS FOR

2.6. Mining cost indices 35 2.7. Capital intensity 36 2.8. Cost estimation in mining 38 2.9. Capital cost estimation in open pit mines 39 2.10. Concluding remarks 40 3. METHODOLOGY 42 3.1. Chapter overview 42 3.2. Brief description of the parametric cost estimation methodology 42 3.3. Data utilised 44 3.4. Cost estimation formulae 44 3.5.

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(PDF) Parametric estimation of capital costs for establishing a

2015年8月1日  PDF Capital cost estimates are important in decisions on whether a project will be approved, ... Creating an efficient haul road is one of the most important aspects of open-pit mine design.

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Cost estimation for open pit mines: Tackling cost uncertainties

217 Please cite this article as: Inthavongsa et al. (2015). Cost estimation for open pit mines: Tackling cost uncertainties. In: IUR, Vol 1, Medienzentrum der TU Bergakademie Freiberg, ISBN ...

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ANACONDA MINING REPORTS POSITIVE PHASE I OPEN PIT

• Open Pit Inferred Mineral Resources of 66,000 (0.98 Mt at 2.11 g/t gold) and Underground Inferred Mineral Resources of 418,000 ounces (2.2 Mt at 5.89 g/t gold); • Initial capital cost (“Capex”) of $271 million and LOM sustaining capital of $63.1 million; • Life-of-Mine Operating Cash Costs of $96 (US$7736) per ounce. 1.

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Development of Open-pit Mine Reclamation Cost

2021年10月2日  To this end, after collecting the historical cost data of 41 open-pit mine reclamation projects, a comprehensive data set of 16 mine reclamation costs groups and the extent of the disturbed mined ...

More

Capital (a) and operating (b) costs for open pit and caving mines

Download scientific diagram Capital (a) and operating (b) costs for open pit and caving mines from publication: Open pit or block caving? A numerical ranking method for selection Mining in the ...

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Chapter Open Pit Mining

unit production cost. Open pit mining is characterized not only by its high share of total minerals ... (100–150 million tons of rock a year reaching to a depth of 500 m). Capital cost of such huge open pits/quarries is very high, and the total cost for excavation of rock in the long term reaches hundreds of millions of dollars or more ...

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[PDF] A New Cost Model for Estimation of Open Pit Copper Mine Capital

2019年1月28日  for mine costs. the historical data of 41 open-pit mine reclamation projects, a comprehensive of mine reclamation costs groups and the extent of the disturbed mined corresponding to each in a with

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Developing a novel artificial intelligence model to estimate the ...

2020年6月1日  Developing a novel artificial intelligence model to estimate the capital cost of mining projects using deep neural network-based ant colony optimization ... 2006). Many scholars attempted to study and optimize the uncertainty issues of open-pit/underground mines (e.g., mine planning, mine design, cut-off grade, and scheduling, to ...

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Abstract - USGS Publications Warehouse

Appendix C provides an example problem applying the open pit cost equations for a large open pit mine from table 9. This example problem includes the use of haulage factors, ... Figure 2.-Open pit capital and operating costs (average 1989 dollars). Table 8. Small open pit with haulage factors (Capacity range 1,000 - 20,000 st/d)

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Forecasting mining capital cost for open-pit mining projects

Downloadable (with restrictions)! This study considered and developed four artificial intelligence (AI) techniques to estimate mining capital cost (MCC) for open-pit copper mining projects with high accuracy, including artificial neural network (ANN), random forest (RF), support vector machine (SVM), and classification and regression tree (CART); 74 observations of mining

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ANACONDA MINING REPORTS POSITIVE PHASE I OPEN PIT

• Open Pit Inferred Mineral Resources of 66,000 (0.98 Mt at 2.11 g/t gold) and Underground Inferred Mineral Resources of 418,000 ounces (2.2 Mt at 5.89 g/t gold); • Initial capital cost (“Capex”) of $271 million and LOM sustaining capital of $63.1 million; • Life-of-Mine Operating Cash Costs of $96 (US$7736) per ounce. 1.

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v115n8a17 Parametric estimation of capital costs for establishing

stay-in-business capital. Stay-in-business capital does not cover operational cost items that are needed to keep the mine running (Rudenno, 2009). Figure 2 shows a typical distri-bution of total capital costs for relevant activities in the production cycle in open-pit mines. The typical mining cost breakdown shown in Figure 2 was established by ...

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Improving productivity at an open-pit mine through enhanced

to other open-pit mining operations. Keywords open-pit mining, productivity, heavy mining equipment, short-term mine planning. Introduction One of the major objectives of mining companies is to minimize the unit cost of production at their operations. Lumley and McKee (2014) indicated that mining companies adopt one of two operational

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