formula for cost calculation of copper ore

DEPENDENCE OF MINE REVENUE ON THE GRADE OF COPPER …

(NSR) formula for copper ore mines based on heuristic models of functional relationships between concentration of metals in ore and copper concentrates, the operational efficiency, and the metal prices in the global markets.

Part Four Competitiveness - Princeton University

Part Four Competitiveness ... STRUCTURAL FACTORS AFFECTING COSTS Copper production is characterized by capi-tal expenditures that are large and risky, and production costs that are highly sensitive to ore grade, energy prices, wage rates, and financing terms. These features arise from structural fac-tors that are common to many copper and other base metal projects: 1) low and declining ore ...

Cut-off grade estimation - QueensMineDesignWiki

Both methods utilize the following formula: Parameters mo Cost to mine ore mw Cost to mine waste r Refinery unit cost c Cost to process ore y Metal recovery s Unit metal sale price For the Internal (Milling) cut-off grade, mw = mo. Material below this grade should not be processed whether or not it has already been mined. For the Break-even (Mining) cut-off grade, mw = 0. Material below this ...

Common & Basic Formulas for Mineral Processing …

A number of factors must first be taken into consideration, a few of them being the facilities and cost of transportation and smelting, the price of copper, the grade of the crude ore, and the nature of the contract between seller and buyer of the concentrate.

CuEq Metal Equivalent Calculator for Mining Results ...

Use this simple metal equivalents calculator to calculate common (and uncommon) equivalences. For each metal select the grade and the market price to be used in the calculations. You may also select a recovery %, the amount of assayed material that can actually be recovered during processing of the ore.

Copper and Aluminum Price Calculation - Hi-Tech Controls

Copper and Aluminum Price Calculation The material price for cables and wires is usually based on a copper price of 150.00 EUR/100 kg. For invoicing, as copper surcharge – the difference to the daily copper rate will be calculated.

Calculation of the Net Smelter Return (NSR) of a Mine ...

Abstract. As a rule, a mine produces concentrates. In rare cases it mines rich ore which can be shipped directly. In some cases price quotations for concentrates and ore are available, i.e. iron ore, tungsten, and antimony concentrates or "yellow cake" 6, U 3 O 8, the end product of uranium mines.

Metal prices as a function of ore grade - MIT

copper mining industry has virtually disappeared within the last 40 years due to the effects of depletion and the rising cost of labour- intensive mining from rich but deep and inaccessible ores.

Margins in Mining - Mining Associates

1. 2020 Copper Cost League by Brook Hunt with Brook Hunt's 2012 Q1 assumptions adjusted for metal prices and derived input costs under the Consensus Long-Term Price Scenario. 2.

formula for cost calculation of copper ore

Download/view presentation slides - Teck- formula for cost calculation of copper ore,13 Mar 2012 production costs, demand and market outlook for commodities, future copper and gold and other primary metals and minerals produced byT17 Copper calculationper lengts (km) of a cable or lead, for piece-goods per (1000) Example I How to calculate the ...

Calculation of the Net Smelter Return (NSR) of a Mine

copper is used to demonstrate the application of such a formula. Since we are dealing with the evaluation of deposits in an early stage of develop- ment, rules-of-thumb will almost always be used which simplify the calculation con-

Copper and Aluminum Price Calculation - Hi-Tech Controls

Copper and Aluminum Price Calculation : The material price for cables and wires is usually based on a copper price of 150.00 EUR/100 kg. For invoicing, as copper surcharge – the difference to the daily copper rate will be calculated.

Cost Models of Theoretical Mining Operations | CostMine

Mining Cost Models Free Data for Mine Cost Estimates Free 5,000 tpd Open Pit Cost Model Other cost models, included in a Mining Cost Service: Open Pit, Underground, Placer, Milling & Heap Leach . 5,000 Tonne per Day Open Pit Mine Model . More Cost Models. This mine is an open pit mine producing 5,000 tonnes ore and 5,000 tonnes waste per day. Rock characteristics for both ore and waste are ...

Convert weight to volume: Copper ore - aqua-calc.com

About Copper ore Copper ore weighs 2.265 gram per cubic centimeter or 2 265 kilogram per cubic meter, i.e. its density is equal to 2 265 kg/m³. In Imperial or US customary measurement system, the Copper ore density is equal to 141.4 pound per cubic foot [lb/ft³], or …

Metallurgical Accounting Formulas | Concentration and ...

Two Product Formula Online Calculator <– Click to Use Applicable to the simplest separation where only one concentrate and one tailing result from a given ore feed. Ratio of concentration can be thought of as the number of tons of feed required to produce 1 ton of concentrate.

Copper Ore price market - trade-metal.com

Copper Ore Price. The page provides a list of copper ore and concentrate selling and purchasing offers. The proposals related to copper commodity and copper ore of different grades of purity and volume of supply from various countries.

Net smelter return - QueensMineDesignWiki

As a result, the copper and gold net smelter returns for copper concentrate sold to Smelter A are equal to $511 and $515 per tonne of concentrate, or $48.01 and $48.37 per tonne of ore. When these numbers are divided by the mill feed grade, the copper and gold NSR factors are equal to $20.69 per % Cu and $18.97 per gram of gold.

Break Even Analysis - How to Calculate the Cut Off Grade ...

When the OPEX is known, you can calculate the mineral's cut off grade, which is the break even grade, below which it is not economically viable to mine the ore. To find out how I come up with the cost price per tonne (OPEX) if a feasibility study isn't available, I refer you to the note at the bottom of this page.