capiTal cOsT eSTIMatION IN miNiNG

  • Mining capital cost estimation using Support Vector ...

    2019-8-1 · Capital cost estimation. Support Vector Regression (SVR) Kernel Ridge Regression (KRR) 1. Introduction. The main goal of mine planning, designing, and scheduling is the fact of determination of optimal ultimate pit limit with regard to production scheduling horizon to achieve the maximum net present value (NPV).

  • Mining capital cost estimation using Support Vector ...

    Determination of Capital Expenditure (CAPEX) is a challenging issue for mine designers. Underestimating the capital cost in mining projects may postpone the construction and accordingly the production phases. In addition, overestimating the capital cost may decrease value of the project.

  • ESTIMATION OF CAPITAL COSTS FOR ESTABLISHING

    2021-3-26 · 2.6. Mining cost indices 35 2.7. Capital intensity 36 2.8. Cost estimation in mining 38 2.9. Capital cost estimation in open pit mines 39 2.10. Concluding remarks 40 3. METHODOLOGY 42 3.1. Chapter overview 42 3.2. Brief description of the parametric cost estimation methodology 42 3.3. Data utilised 44 3.4. Cost estimation formulae 44 3.5 ...

  • CAPITAL COST ESTIMATE

    2018-2-28 · COST ESTIMATE SUMMARY The estimated total capital cost for the MRP is A$492.98M, including a growth allowance and owner’s contingency totalling A$41.7M (or approximately 8.5% of total project costs), and capitalised pre-production mining costs of A$36.3M. Capital breakdown by Work Breakdown Structure (WBS) is presented in

  • v115n8a17 Parametric estimation of capital costs for ...

    2015-9-18 · estimating capital costs of underground bord and pillar, surface shovel and truck, and dragline operations. Keywords coal mining, capital costs, parametric cost estimation. * Standard Bank of South Africa, Johannesburg, South Africa. † School of Mining Engineering, University of Witwatersrand, Johannesburg, South Africa.

  • Cost Estimation Handbook for Small Placer Mines

    2016-3-11 · was developed to estimate capital and operating costs associated with various mining methods. This technique, developed under a Bureau contract by STRAAM Engineers, Inc., was completed in 1975, then updated in 1983. During the course of the update, it was noted that few provisions were made for estimating the costs of small-scale mining

  • Cost Estimation for the Resources Industry

    The Cost Estimation short course is designed to provide resources industry professionals with foundational tools and techniques to perform capital, operating and business cost estimations specific to the resources sector from scoping to

  • Establishing the feasibility of your proposed mining

    2009-8-26 · The reserve estimate gives an indication of the viability of the mineral resource. Calculation of the reserves will depend on the mining method, including an estimate on dilution and extraction, mineral processing concepts, including cut off grade, overall recovery and expected capital and operating costs. Geotechnical

  • COST ESTIMATION - University of Oklahoma

    2013-11-10 · Methods For Estimating Capital Investment 3. Percentage of Delivered-Equipment Cost. All items in the direct and indirect cost are evaluated as a percentage of the delivered-equipment cost. (definitive estimate in certain cases, ±10% ) See Table 7-8, p. 194 in TBW&S 4. Estimation based on “Lang” factors . Named after Lang (1947).

  • Capital & Operating Costs - Panoramic Resources

    Capital Costs Pre-production and ramp-up capital costs in the Updated FS (Base Case) are $36M. The ramp-up period is assumed to cover the first three months

  • v115n8a17 Parametric estimation of capital costs for ...

    2015-9-18 · estimating capital costs of underground bord and pillar, surface shovel and truck, and dragline operations. Keywords coal mining, capital costs, parametric cost estimation. * Standard Bank of South Africa, Johannesburg, South Africa. † School of Mining Engineering, University of Witwatersrand, Johannesburg, South Africa.

  • A regression-tree-based model for mining capital cost ...

    2021-8-4 · (2020). A regression-tree-based model for mining capital cost estimation. International Journal of Mining, Reclamation and Environment: Vol. 34, No. 2, pp. 88-100.

  • Cost Estimation Handbook I for Small Placer Mines

    2018-3-12 · COST ESTIMATION HANDBOOK FOR SMALL PLACER MINES By Scott A. Stebbins' I ABSTRACT This Bureau of Mines publication presents a method for estimating capital and operating costs associated with the exploration, mining, and processing of placer deposits. To ensure represent-

  • Costmine - Industry Standard for Mining Cost Estimating

    Quickly Estimate Capital and Operating Costs . Cost estimating data you can count on. Learn more about Mining Cost Service, the industry standard data resource for Mining Cost Estimation. Learn More. Upgrade Your Estimates. The Only Cost Estimation Software Dedicated to

  • Fundamentals of Capital Cost Estimating A TCM approach

    2017-5-19 · Fundamentals of Capital Cost Estimating A TCM approach Lou Vidotto Managing Director of Vidotto Group. Contents 1. Background; ... Total Cost Management •Estimating is a key component of the TCM ... Direct Costs 1000 Mining 2000 Process plant 3000 Onsite Infrastructure 4000 Offsite infrastructure

  • COST ESTIMATION - University of Oklahoma

    2013-11-10 · Methods For Estimating Capital Investment 3. Percentage of Delivered-Equipment Cost. All items in the direct and indirect cost are evaluated as a percentage of the delivered-equipment cost. (definitive estimate in certain cases, ±10% ) See Table 7-8, p. 194 in TBW&S 4. Estimation based on “Lang” factors . Named after Lang (1947).

  • Capital & Operating Costs - Panoramic Resources

    Capital Costs Pre-production and ramp-up capital costs in the Updated FS (Base Case) are $36M. The ramp-up period is assumed to cover the first three months of production, during which time all operating costs and revenue would be

  • Cost Estimation Methodology for NETL Assessments of

    2021-12-31 · Capital Costs. Levels of Capital Costs . As illustrated by Figure 1, this methodology defines capital cost at five levels: BEC, EPCC, TPC, TOC and TASC. BEC, EPCC, TPC and TOC are “overnight” costs and are expressed in “base- year” dollars. The base year is the first year of capital expenditure.

  • Equipment Sizing and Capital Cost Estimation

    2004-6-29 · Capital Cost Estimation Warren D. Seider University of Pennsylvania Philadelphia, Pennsylvania Equipment Sizing and Capital Cost Estimation 2 Selection of Topics -depends on previous exposure to process economics Can begin with cost accounting–gives a good view of corporate finances and considerations when evaluating a potential design.

  • Owner's Costs in Capital Cost Estimating - EPC Project ...

    2017-3-12 · This is a question that comes up quite often in capital cost estimating. So, I thought I would share my point of view and experience on this subject. Generally speaking, I would say that the Owner’s costs are all the costs required to bring a project to a commercially operable status, less the cost of the EPC contract.

  • A regression-tree-based model for mining capital cost ...

    2021-8-4 · (2020). A regression-tree-based model for mining capital cost estimation. International Journal of Mining, Reclamation and Environment: Vol. 34, No. 2, pp. 88-100.

  • v115n8a17 Parametric estimation of capital costs for ...

    2015-9-18 · estimating capital costs of underground bord and pillar, surface shovel and truck, and dragline operations. Keywords coal mining, capital costs, parametric cost estimation. * Standard Bank of South Africa, Johannesburg, South Africa. † School of Mining Engineering, University of Witwatersrand, Johannesburg, South Africa.

  • Capital and operating cost estimating system handbook ...

    OSTI.GOV Technical Report: Capital and operating cost estimating system handbook. Mining and beneficiation of metallic and nonmetallic minerals except fossil fuels in the United States and Canada. Final handbook

  • Fundamentals of Capital Cost Estimating A TCM approach

    2017-5-19 · Fundamentals of Capital Cost Estimating A TCM approach Lou Vidotto Managing Director of Vidotto Group. Contents 1. Background; ... Total Cost Management •Estimating is a key component of the TCM ... Direct Costs 1000 Mining 2000 Process plant 3000 Onsite Infrastructure 4000 Offsite infrastructure

  • A SIMPLIFIED ECONOMIC - USGS

    2011-1-9 · in the mine was used to weigh the estimated capital expenditure. In each cost estimate of these mining methods, it was assumed that there is an adit entry. Mines having a shaft entry need to have the additional capital cost of the shaft added. The capital cost equation for a shaft from Camm (1991) is:

  • COST ESTIMATION - University of Oklahoma

    2013-11-10 · Methods For Estimating Capital Investment 3. Percentage of Delivered-Equipment Cost. All items in the direct and indirect cost are evaluated as a percentage of the delivered-equipment cost. (definitive estimate in certain cases, ±10% ) See Table 7-8, p. 194 in TBW&S 4. Estimation based on “Lang” factors . Named after Lang (1947).

  • Prepared for: MeMO 2016 - Reducing Mining Costs and

    2020-3-25 · Capital On site cost Milling Mining Drill & Blast Backfill Develop-ment Ore & Waste Move-ment Mine General Cost Profile METAL PRICE MARGIN STRATEGIC COST Operating Costs Direct Cost Indirect Cost Operating Cost -Strategy. Operational challange 27of XX. Operational challenge 28of XX. Mine Cost vs Gold Price. Drill & Blast Backfill Develop-ment ...

  • 18R-97: Cost Estimate Classification System – As Applied ...

    2020-8-12 · 18R-97: Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Process Industries 2 of 21 August 7, 2020 ... mining or hydrocarbon materials, although it may apply to some of the intermediate processing steps in

  • Equipment Sizing and Capital Cost Estimation

    2004-6-29 · Capital Cost Estimation Warren D. Seider University of Pennsylvania Philadelphia, Pennsylvania Equipment Sizing and Capital Cost Estimation 2 Selection of Topics -depends on previous exposure to process economics Can begin with cost accounting–gives a good view of corporate finances and considerations when evaluating a potential design.

  • Owner's Costs in Capital Cost Estimating - EPC Project ...

    2017-3-12 · This is a question that comes up quite often in capital cost estimating. So, I thought I would share my point of view and experience on this subject. Generally speaking, I would say that the Owner’s costs are all the costs required to bring a project to a commercially operable status, less the cost of the EPC contract.