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    • Scenario A – raw coal sales at the mine gate, US$7.8M capital and US$44/t operating cost; • Scenario B – raw coal sales free on board (FOB) Port Buenaventura, US$14.3M capital and US$84/t operating cost; • An additional US$2.1M in development capital is required to ramp up production to 400,000tpa.

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    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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    The consumption of coal – mostly for electricity – fell from 157 million tonnes in 1970 to 18 million tonnes in 2016. Of the coal mined, 77% of supplies were imported from Colombia, Russia and the United States. Of the coal mined in the UK in 2016 all was from open-cast coal mines.

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  • Open-Pit Mining Methods

    Open-pit mining methods are applicable to mining ore deposits that apex at or near the surface. If the deposit apexes below the surface, the overburden and barren capping overlying the ore must be removed in advance of open-pit mining. The removal of this material is known as stripping.

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    An open-pit sulfur mine at Tarnobrzeg, Poland undergoing land rehabilitation Typical open cut grades [ edit ] Gold is generally extracted in open-pit mines at 1 to 5 ppm (parts per million) but in certain cases, 0.75 ppm gold is economical.

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    Gold is generally extracted in open-pit mines at 1 to 5 ppm (parts per million) but in certain cases, 0.75 ppm gold is economical. This was achieved by bulk heap leaching at the Peak Hill mine in western New South Wales, near Dubbo, Australia. Nickel, generally as laterite, is extracted via open-pit down to 0.2%.

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    In 2017, the national average sales price of coal at coal mines was $33.72 per short ton, and the average delivered coal price to the electric power sector was $39.09 per short ton, resulting in an average transportation cost of $5.37 per short ton, or about 14% of the delivered price.

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  • Basics of an open pit mine - Mine Engineer.Com

    Open pit mines can be used in coal mining, and they are used extensively in "hard rock" mining for ores such as metal ores, copper, gold, iron, aluminum, and many minerals. In a open pit coal mine, the pit bottom would be the bottom mined coal seam elevation, since it is usually feasible to extract multiple seams when surface mining coal.

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    Mining Cost Model. 5,000 Tonne per Day Open Pit Mine Model. This mine is an open pit mine producing 5,000 tonnes ore and 5,000 tonnes waste per day. The total resource to be mined is 18,715,000 tonnes. Ore is hauled 1,068 meters to an ore stockpile. Waste is hauled 535 meters to a waste rock dump.

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