Crickey George and you've invested in mining!!
At their most basic, strip ratios can be calculated by dividing overburden thickness by ore thickness. For example, an overburden thickness of 100 meters and an ore thickness of 50 meters would yield a strip ratio of 2:1. That means mining 1 cubic meter of ore would require mining 3 cubic meters.
Strip ratio can mean proceeding with a project or shelving depending on the value of the ore extracted.
- Forums
- Charts
- LRS General Discussion
Crickey George and you've invested in mining!!At their most...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $405.9M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.5¢ | $970.8K | 6.877M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 664861 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 165205 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 664861 | 0.140 |
29 | 2541452 | 0.135 |
41 | 3363406 | 0.130 |
17 | 1087041 | 0.125 |
19 | 1620380 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 165205 | 5 |
0.150 | 693250 | 12 |
0.155 | 872605 | 8 |
0.160 | 901967 | 12 |
0.165 | 1199430 | 17 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
LRS (ASX) Chart |