Scorpion wrote:
"Mining and Processing costs: = $17.50 per tonne
Number of tons: = 30 mt * 1.24% = 372,000 tonne of Copper
Costs 1: Mining and Processing @ $17.50 per tonne = $6,510,000"
I think your calcs are wrong.
Mining & processing costs per tonne of $17.50 are per tonne of ore, not per tonne of copper. The costs per tonne should therefore be multiplied by 30.9mt and not by 372,000 of copper equ.
This gives mining & processing costs of $541m and not $6.5m as state above.
Just slightly out by $534.5m...
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