Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the Net Values for gold ore containing 1.3 g/t, 4.5 g/t , 8.0 g/t and 15.7 g/t. Use the input values given below. Input

Calculate the Net Values for gold ore containing 1.3 g/t, 4.5 g/t , 8.0 g/t and 15.7 g/t. Use the input values given below.

Input Values

Mill Recovery Rate

93%

Mill Concentrate Grade

20g/t Au

Smelter Loss

0.7 g/t of Au pulp

Refining Loss

0.25 g/t of Au dorey

Head Grade

1.3 g/t, 4.5 g/t , 8.0 g/t , 15.7 g/t

Au price

$12.50 /g

By-product credit (Ag)

$45.00/t

Production costs (excluding stripping)

$103.00/t

Mining costs

$25.20/t

Milling costs

$95.00/t

General/Administration

$3.20/t

Shipment of mill pulp to mint

$8.20/t of Au pulp

Smelting cost

$45/t of Au dorey

Shipment of dorey to refinery

$45/t of dorey Au

Refining cost

$12.00/t of dorey Au

Selling & Delivery costs

$3.20/g Au metal

General Plant costs

$0.84/g of Au

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_2

Step: 3

blur-text-image_3

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

Basic Finance An Introduction To Financial Institutions Investments And Management

Authors: Herbert B. Mayo, Michael J Lavelle

13th Edition

0357714741, 978-0357714744

More Books

Students also viewed these Finance questions