Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

b) Estimate the unit profit (in $/tonne) of mining and processing of a copper ore body averaging 69% by weight Cu, if the selling price

b) Estimate the unit profit (in $/tonne) of mining and processing of a copper ore body averaging 69% by weight Cu, if the selling price of the copper in the concentrate is $3.2/kg, assuming that the cost of mining is $2.5/tonne and of processing is $5.0/tonne. Overall recovery, based on metallurgical testing, is expected to be 85% of the copper.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Corporate Equity Derivatives And Equity Capital Markets

Authors: Juan Ramirez

1st Edition

1119975905, 978-1119975908

More Books

Students also viewed these Finance questions

Question

=+ (c) Show that $ is countable if and only if L2 is separable.

Answered: 1 week ago