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Problem 5 . A copper leaching operation has a stockpile with an estimated ore capacity of 0 . 5 million tons and an average grade
Problem
A copper leaching operation has a stockpile with an estimated ore capacity of million tons and an average grade of The laboratory test conducted on the ore material indicated two possible leaching conditions.
Option resulted in recovery of the metal with daily reagent consumption ton of ore.
Option resulted in recovery of the metal with daily reagent consumption of ore.
Assuming leach cycle to be days for both cases, reagent cost being $ and copper selling price to $ lbs determine; i Which option would be economical for operations to choose ii At what reagent consumption for option the mines will generate same cash flow.
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