CLZ 0.00% 0.1¢ classic minerals ltd

bungalowbill..."So how many truckloads"They use triple road...

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  1. 588 Posts.
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    bungalowbill..."So how many truckloads"

    They use triple road train wth about 60 tonne total.
    A similar distance from Menzies to Lakewood charge about $15-20/t.
    About 4 hour round trip.
    About $1050 per trip cost.(3 trips per day will give the cartage contractor around $3,000/day)
    60t at 6g/t=360g=11.6onz
    treatment cost about $40/t...$2400

    total cost $6450
    60t @ $10/t=$600 mining ore,
    240t @ $10t=8$2400 mining waste (4:1),
    $1050 cartage,
    $2400 treatment

    Revenue $30,000

    Profit: $23,700 per 60 tonne truckload
    (Marginal ore: 6300/60 = $100/t = 1.2g/t)

    In practice marginal ore from Menzies carting to Kalgoorlie (contract miner sharing profits 50/50 between miner and owner) is 1.5-1.8g/t
 
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