Short Term Trading Weekend Lounge : 20 -22 Jan, page-130

  1. 3,626 Posts.
    lightbulb Created with Sketch. 164
    Assuming you mean grade by percentage?

    Basically - just throw a decimal in front of ppm to convert to percentage.

    1137ppm = 0.1137% = most mining companies usually only report to 2 decimals when grade is < 1% so effectively they are saying 0.11% of cobalt.

    So for the copper grade in ppm it's the reverse - 0.54 percent is effectively 5400ppm

    ppm to percent conversion:
    1% = 1/100
    1ppm = 1/1000000
    So one part per million is equal to 0.0001 percent:
    1ppm = 0.0001%
    So to convert from ppm to percent, divide the ppm by 10000:
    x(%) = x(ppm) / 10000

    Not a math guru - i'm sure someone will correct me if I got something wrong.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.