Question: Solve 7. Question 1 in Chapter 6. Use Taylor's rule to estimate the life of mine and annual production rate. A gold deposit has one

Solve

7. Question 1 in Chapter 6. Use Taylor's rule to estimate the life of mine and annual production rate. A gold deposit has one million ton of ore reserves at average grade 2.6 g/t, gold price $1900/ounce, mining cost 55 $/t and processing cost 24 $/t, mining recovery rate is 85%. The dilution rate of ore is 10% and the average grade of the waste rock is 0.3 g/t

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!