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Simplified cost models for prefeasibility mineral evaluations.

Authors
Camm TW
Source
Spokane, WA: U.S. Department of the Interior, Bureau of Mines, IC 9298, 1991 Jan; :1-35
NIOSHTIC No.
10011081
Abstract
In this U.S. Bureau of Mines report, mine and mill cost models are presented to make quick estimates of the cost to develop mineral deposits in the desert region of the southwest United States. Regression analysis was used to generate capital and operating cost equations for each model in the form y = axb, where y is the cost estimated and X is the assumed daily capacity in short tons. A and b are constants determined by the regression analysis. Each is broken down into 11 subcategories to facilitate escalation of costs for inflation and to increase their versatility in economic evaluation work. This report contains 2 open pit models, 6 underground mine models, 11 mill models, and cost equations for access roads, powerlines, and tailings ponds. In addition, adjustment factors for variation in haulage distances are provided for open pit models and variation in mining depths for underground models.
Keywords
Mineral economics; Mining; Cost estimates; Regression analysis; Surface mining; Cost analysis; Mathematical models; Flotation; Underground mining; Mine roadways; Mineral industry; Feasibility
Publication Date
19910101
Document Type
IH; Information Circular
Fiscal Year
1991
NTIS Accession No.
PB92-157866
Identifying No.
IC-9298
NIOSH Division
WFOC
Source Name
Simplified cost models for prefeasibility mineral evaluations
State
WA
Page last reviewed: May 11, 2023
Content source: National Institute for Occupational Safety and Health Education and Information Division