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Ann: Lady Annie Exploration and Glencore Collaboration Update, page-28

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  1. 34,379 Posts.
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    Two of the variables in cost per pound of Cu produced , would be the grade they are mining at and the strip ratio to get the ore out , would think that would have more bearing on cost than changes in labour cost and power over the last year , I do notice the grade has fallen in the last 3 months .

    I just use a rule of thumb (which may be wrong) that around 85% of the energy cost in a grinding ore down to around 125 microns from 25mm in size goes to the ball or SAG mill in a standard mining operation , and about 15% of energy is for crushing , in this operation they would not be using a ball mill .
    Intuitively the energy used to crushing the oxide ore would be less than the fresh ore .

    TO make the cathode from pregnant solution from the heaps I do not know how much energy is used just guessing it is not that much ?

    Guess if you had the time you could go through their notes over the last year to get a better understanding of costs.
 
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