Mining equipment economic evaluation

MJ Series Jaw Crusher

MJ Series Jaw Crusher

MJ series jaw crusher is mainly used as a coarse crushing crusher. Its purpose is to crush rocks into smaller particle sizes for subsequent processing…

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MC Series Single-Cylinder Hydraulic Cone Crusher

MC Series Single-Cylinder Hydraulic Cone Crusher

MC series single cylinder hydraulic cone crusher is used in secondary and fine crushing operations. It is widely used in metallurgy, construction, highway,…

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ML Series Vertical Shaft Impact Crusher

ML Series Vertical Shaft Impact Crusher

Vertical shaft impact crusher is often used in the final crushing circuit. Due to the ability to produce fine-grained final products, ML series vertical…

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MD Series Multi-Cylinder Hydraulic Cone Crusher

MD Series Multi-Cylinder Hydraulic Cone Crusher

MD series multi-cylinder hydraulic cone crusher is used in the second and third stages of mineral processing and stone crushing, as well as the superfine…

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MF Series Fixed Shaft Circular Vibrating Screen

MF Series Fixed Shaft Circular Vibrating Screen

In order to eliminate the phenomenon of unbalanced vibration, unstable amplitude, on/off bounce, poor screening effect, and cracking of the screen box…

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MGD Series Vibrating Feeder

MGD Series Vibrating Feeder

MGD series vibrating feeder is designed for ultra-heavy working conditions and is suitable for feeding materials to primary jaw crushers, primary impact…

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MGB series hopper discharge feeder

MGB series hopper discharge feeder

MGB series hopper discharge feeder is mainly used for the uniform, quantitative and automatic control of under-silo feeding of bulk materials.…

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MZA/K Series Circular Vibrating Screen

MZA/K Series Circular Vibrating Screen

MZA/K series circular vibrating screen produced by Meilan has an axis-eccentric circular vibrating screen, which can be used for dry and wet classification…

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  • OBORTS Company, Opposite the residence of old General Mambou, Near Dragage, Bastos, Yaoundé, Cameroon
    Email: [email protected]

  • 3 Technologies in Exploration, Mining, and Processing

    Research should focus on equipment and methods specific to mining thick seams. Hydraulic mining may have potential applications for thick seams. The technical feasibility of hydraulic mining is well established, but equipment and systems that can operate in …

  • Methods for Equipments Selection in Surface Mining; review

    1708 The 1 st International Applied Geological Congress, Department of Geology, Islamic Azad University - Mashad Branch, Iran, 26-28 April 2010 Queuing Theory: Using queuing theory, in 2003, a computerized model FLSelector was designed for mining and construction operations. This model was able to select the best fleet combination of loaders and haulers that can complete an earthmoving

  • Evaluation of Mineral Assets: Interconnection of Financial

    evaluation and mining activities in an-swering the question whether ore reserves can be treated as assets. A special attention has been paid to the issues of specific assets of mining The main purpose of economic evaluation of mineral properties, which a min-ing company intends to develop, is to measure potential benefits from realization

  • The optimization of mining method and equipment

    Conventional mining is an excellent match of mining method and equipment. The result is analysis, construction, testing and evaluation. In addition, sociological, economic, aesthetic, legal and ethical considerations need to be included in the design process.’

  • Lecture 4: Underground Mining - SlideShare

    Nov 02, 2011· Choice of mining method : The choice of mining method is an extremely important decision affecting the entire mining project; The definition of the method permits: establish the configuration of the mine; choose mining equipment; perform an economic evaluation of the project.


    MINING PROJECTS H.E.K. ALLEN (*) ABSTRACT Economic evaluations of mining projects incorporate the examini-nation and assessment of the technical, financial, social and political aspects of the environment in which the mineral deposit is situated. This paper outlines some technical inputs that form the basis for financial evaluation.

  • (PDF) Economic Analysis of a Small Scale Coal Mine

    Economic analysis and engineering economy are extremely important for the evaluation of a new mine or an operating mine. The profitability of a mining company depends on the revenue obtained from


    4.5.1 Limiting the Mining Options Available 4.6 Strategic Assessment of Mining Projects 4.7 Selection of Reserve Blocks and Phased Mine Development 4.8 Comparison of Mining Equipment Options 4.9 Overall Project Evaluation 4.10 Labor numbers and costs 4.10.1 Indirect costs 4.10.2 Government Charges 4.10.3 Civil Works 4.10.4 Development Costs

  • Economic Evaluation of Deep-Sea Mining MINING REPORT

    The developed tools further allow the economic evaluation of mining projects and actual mine planning by entrepreneurs as well as spatial planning by authorities such as the ISA. In the presented study, SMS mining shows a positive economic evaluation. Due to the high metal grades and the lack of overburden removal, DSM may compete with land

  • Edumine Mobile Equipment Life Cycle Costing

    Nov 06, 2019· Mobile Equipment Life Cycle Costing is a practical guide for managing the economic life of a mining truck fleet. It covers key financial, commercial and physical aspects of truck management and explains specific methods for acquiring and operating these vehicles to full advantage. The course includes three sections—Introduction, Life Cycle Cost Analysis, and Optimization.

  • Methods for valuating early-stage mineral projects CSA

    Feb 17, 2019· Part two will present economic methods used for valuating advanced-stage mineral projects (i.e. Prefeasibility-stage onwards). Introduction Mineral assets are valued for a number of reasons, including mergers and acquisitions, non-arm’s length transactions, pricing of initial public offering of stock, support for property agreements

  • Long-term economic sensitivity analysis of light duty

    May 01, 2017· Economic evaluation. 1. Introduction. Mining equipment is expensive, not only to acquire but also to maintain. Depending on the terrain where the mining operation is located it may be difficult to obtain resources necessary to maintain the equipment.


    The mining industry makes a major contribution to the Australian economy and to the well being of society as a whole. For the continuing viability of the industry it is important that full advantage can be taken of advances in mining methods and procedures, design of mining machinery and equipment, and advances in approaches to

  • Understanding and assessment of mining equipment

    Sep 05, 2013· AbstractProductivity and efficiency of mining equipment are among the most important factors contributing to unit mining cost, and measuring and benchmarking them is one of the best ways of identifying the possibilities of improvement. It is in this context that the present paper discusses the notion of overall equipment effectiveness (OEE).

  • Economic Filters for Evaluating Porphyry Copper Deposit

    This requires an economic evaluation of estimates of undiscovered resources generated by traditional resource assessments (Singer and Menzie, 2010). In this study, simplified engineering cost models were for application of a feasible mining method. Economic filter—A methodology to …


    Dec 25, 2020· The main categories of operating costs are (1) mining, (2) processing, and (3) G&A. (1) Mining cost consists of all costs associated with excavating the ore (e.g. mine equipment operator cost, fuel cost, maintenance cost, explosives cost, etc.). Expressed as US$ per ounce of gold produced.

  • Economics of Mining 4pdf - Inside Mines

    Economic evaluation of surface coal mining project: banker's perspective. 1982. Tsuda, Masao. Golden CO: Colorado School of Mines. M. Sc. thesis. Engineering and economic risk assessment for longwall coal mining systems. 1992. Bessinger, Stephen L. West ia University, Ph. D. …


    overburden. This mining method can alsc be extended to include parting removal and coal mining, resulting in the employment of a smaller variety of mining equipment and better utilization of available equipment. The importance of drill evaluation is highlighted since inadequate

  • Equipment Selection for Surface Mining: A Review

    however, for large-scale open pit mining in particular, the \truck and loader" material movement practice is the preferred method of materials handling (Czaplicki, 1992; Ta et al., 2005). Throughout this paper, we consider a \loader" to be any type of high productivity excavating equipment, which may include a mining loader, shovel or excavator.

  • Cost Estimation Software - Costmine

    APEX Financial Evaluation is the standard for economic mining evaluation for hundreds of companies worldwide. With its solid foundation of economic principles, this tool unlocks valuable insight required for key financial decisions. Accurate mobile equipment data for mining professionals, HME Benchmark allows you to select a machine and

  • Project Evaluation Guidelines - NYU

    equipment, and capital grants and subsidies, should be subject to evaluation, commensurate with the level of investment, to provide the necessary information to decision-makers. There are also formal reporting requirements for capital projects greater than $1 million. Under the Public Finance Standard for Asset Management (Section 347),

  • Mining risk and assurance -

    As mining companies plan for a more confident, yet still volatile economic environment, value should take priority over volume. By integrating sound risk and assurance practices into strategy, internal and external stakeholders gain greater confidence that the company can sustain its performance. David Waldron . Partner, Global Mining

  • Evaluating investment projects in mining industry by

    The economic efficiency evaluation of replacement of mining equipment is provided for specific conditions of Bogutovo Selo open-pit mine in Ugljevik, Republic of Srpska, Bosnia and Herzegovina, while the combined NPV method and Real Options Method was used in techno-economic evaluation of the investment project for Radljevo deposit in the Kolubara

  • BREAK-EVEN ANALYSIS OF MINING PROJECT Mining equipment 40 Production plan for surda mines 41 Costing and evaluation of any mining development are necessarily based on a specific plan, root of economic activity. Financial decision includes following sub-parts: (i) Investment decision

  • Economic Evaluation and Example (repost) - Basic Mining

    Aug 11, 2019· tips on evaluating the economic viability of a mineral deposit (simple alluvial mining operation). In this example we will ignore the effects of the specific definition of mineral resources and ore reserves (Recommended: see definitions) and holistically assume all as mineral resources.

  • Economic Evaluation of a Mine - Basic Mining Techniques

    May 09, 2018· Economic Evaluation of a Mine - A case evaluation of a Small Alluvial Mining Operation Project Economic Evaluation of a Simple Alluvial Mining Operation with Mine Life of 5 years. Capital cost has been estimated on the basis of important mining and processing equipment. The table below entails the summary of initial capital cost of this


    pit gold mining project named “Coriorcco Gold”, including a project description, an explanation of the main operational parameters, and an economic evaluation of the project. In the economic evaluation, variables as the breakeven cutoff grade (BCOG), stripping ratio

  • Mining Executive Series Using autonomous equipment to

    the potential economic impact for different autonomous equipment applications. Through this evaluation, we found real, possibly substantial, economic benefits for mining companies. The dynamics of deposits and demographics are increasing the potential value for autonomous equipment. While we expect mining companies to deploy more autonomous

  • Deep-Sea Mining versus Land-Based Mining: A Cost

    Clauss, G., Theoretical and Experimental Investigations of Deep Sea Ocean Mining Systems and Their Economic Evaluation, Paper presented at the Second International Ocean Development Conference, Tokyo, October 1972, pp. 1925 – 1955.

  • Here's how you value any gold project - MINING.COM

    Jan 16, 2017· And to convert the 1.5Mt of ore processed each year, using the formula stated above, we multiply it by the grade of 2.8g/t from the reserves table above. That will give us 4.2 million grams. Gold

  • The Economic Case for Electric Mining Equipment and

    evaluation. Accordingly, a good deal of this thesis reviews technical considerations related to the use of electric mining equipment, especially ones that impact the economics of their implementation. The goal of this thesis will then be to present the economic potential of implementing the equipment, as

  • Economic Evaluation of Mineral Extraction Projects from

    Jan 01, 2013· This article highlights the necessity of an economic evaluation concerning the exploitation of fields during operational periods due to their recognition in higher categories and the ever changing mining and economic conditions. Such changes are analysed with economic efficiency of exploitation systems.

  • (PDF) Performance Measurement of Mining Equipment

    evaluation of surface mining equipment. Grujic et al. [29] pointed that operating environment has a significant role on the system‟s reliab ility and efficiency.


    1.1.3 Active mining Once a mining company has constructed access roads and prepared staging areas that would house project personnel and equipment, mining may commence. All types of active mining share a common aspect: the extraction and concentration (or beneficiation) of a metal from the earth. Proposed mining projects

  • Models for Mining Equipment Selection

    The problem of equipment selection in a surface mine is complex. Many features, restrictions and criteria need to be considered (Naoum and Haidar 2000). The model must reflect the important constraints of the mining operations to a level that is acceptable and used by mining engineers. Martin consultants (Martin et al. 1982) list the

  • 5 Stocks to Watch as Construction & Mining Equipment

    Feb 17, 2021· 5 Stocks to Watch as Construction & Mining Equipment Industry Mends. The Zacks Manufacturing - Construction and Mining industry had been crippled by the COVID-19 pandemic as it disrupted global


    MINING PROJECTS H.E.K. ALLEN (*) ABSTRACT Economic evaluations of mining projects incorporate the examini-nation and assessment of the technical, financial, social and political aspects of the environment in which the mineral deposit is situated. This paper outlines some technical inputs that form the basis for financial evaluation.