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  1. 4,606 Posts.
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    Hey all, interesting discussion on the transportation costs. Some really informative and thought provoking posts all round.
    Did a little a research on the transport topic myself today. I like to get a better understanding on transportation costs since this will have a large impact on GCY's profitability going forward. Here's what I found for what it's worth....

    The dump truck used by the NRW Dalgaranga operation is the Caterpillar 785C.
    Here is a picture from GCY's website gallery.
    https://hotcopper.com.au/data/attachments/3765/3765836-c7c37749cb8f3dc59bbf14b65076d0b2.jpg

    Here is some technical info regarding payload, top speed etc

    https://hotcopper.com.au/data/attachments/3765/3765864-9e33a74dcbc1f2ac41c18c0db3cb925a.jpg
    https://hotcopper.com.au/data/attachments/3765/3765867-77e9ad366038dd35d3522cf278363fd9.jpg
    https://hotcopper.com.au/data/attachments/3765/3765870-ae239fdbe0cf78f462325107f3b5e009.jpg
    ----------------------------------------------
    Back of the envelope calculations...
    ----------------------------------------------
    There is conflicting fuel consumption given on different sites but the range is somewhere between 100 to 130 liters per hour with a 140 ton full payload.

    Travel there and back estimate = 6 hours
    Diesel $1.80 per liter
    115 liters (mid estimate) per hour
    6 hours x 115 litres = 690 litres
    690 litres x $1.80 per litre = $1242 fuel cost
    Wage 7 hours x $80 per hour = $560
    Margin for NRW 20% = $1802 + 20% = $2160 per round trip

    Payload 136 tons x 1.4g/t = 190.4 grams per trip
    1 oz = 19g
    190 / 19 = 10oz per trip
    per round trip $2160 / 10oz

    Transport cost estimate $216 per ounce


    136 tons x 1.4 = 190 gram
    $2160 / 190 grams = $11.36 per gram per round trip
    $11.36 / 220km = 5.25c
    cost 5.25 cents a gram per kilometer travelled

    Obviously this is a ballpark figure but anywhere from $200 to $300 per ounce seems fairly economically still.
    By the time you throw in Mining Costs and Processing Costs, the cash cost should sit well below $1000 per ounce.
    https://hotcopper.com.au/data/attachments/3766/3766003-aac31f574ee16fbdbecb75e94de663b6.jpg
    136 tons x tons mined (double above estimate)$8.66 = $1177
    136 tons x Processing $15.00 = $2040
    136 tons x G&A $2.61 = $355
    136 tons x transport = $2160
    136 tons total cost = $5732
    136 tons at 1.4g per ton = 10 ounces
    $5372 / 10 ounces = $573.20
    Cash costs per ounce from Melville = $573.20

    As mentioned this is back of the envelope so if I'm missing anything would love to know..

    DYOR
    GLTAH

 
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