MENU
crusher
  1. Home
  2. /
  3. crusher
  4. /
  5. how much would a gold mine cost

how much would a gold mine cost

Sep 19 2014 · For the most part cash costs ran from 500 US to 800 per ounce depending on a miners properties There was a problem however Even as the price of gold skyrocketed to nearly 1900 per ounce miners werent reporting wild windfall profits on their bottom lines

Get Price

Customer Case

Solutions >>
The Cost Of Producing An Ounce Of Gold  American Bullion
The Cost Of Producing An Ounce Of Gold American Bullion

Gold reserves are finite and pulling new gold out of the ground can be very expensive In fact it is common to hear industry insiders cite 1200 as the allin cost for mining a single ounce of gold Cost Reporting DebateDoes It Really Cost 1200 to Mine One Ounce The 1200 price tag is still questioned by investors and industry insiders Most of the controversy boils down to how gold mining

Online Chat
The true cost of producing an ounce of gold  Provident
The true cost of producing an ounce of gold Provident

May 23 2017 · A new metric has since been developed by the World Gold Council to report the “allin sustaining costs” of mining gold These numbers report that the cost of extracting an ounce of gold is actually over 1000 per ounce well above the aforementioned numbers And since gold is currently trading at just over 1200 per ounce it explains why mining companies have had lessthanstellar

Online Chat
Gold miners sustaining costs up 22 since the gold price
Gold miners sustaining costs up 22 since the gold price

Apr 04 2018 · Gold bottomed at a whisker under 1050 after a fouryear slide from alltime highs in 2011 above 1900 While sustaining costs have risen sharply from the first quarter of 2016 they are still

Online Chat
How much is the cost of mining gold in one acre of land
How much is the cost of mining gold in one acre of land

That is a cost of approximately 240000 per acre Now a gold mine is unlikely to involve those kinds of volumes but it is also unlikely to have the economies of scale inherent in a large scale coal mine like that The cost of mining gold is rarely expressed relative to land area

Online Chat
Cost Models of Theoretical Mining Operations  CostMine
Cost Models of Theoretical Mining Operations CostMine

This mine is an open pit mine producing 5000 tonnes ore and 5000 tonnes waste per day Rock characteristics for both ore and waste are typical of those of granite or porphyritic material Operating conditions wage scales and unit prices are typical for western US mining operations All costs listed are in

Online Chat
How Much is the Cost of Mining Exploration
How Much is the Cost of Mining Exploration

Following is a summary of the exploration costs including camp buildings roads mine equipment and supplies 750 feet of opencuts approximately 598 feet of tunnels and drifts 95 feet of raises and 825 feet of 14° incline and cost of stoping 2370 tons of ore taken out during the period covered

Online Chat
CostMine  Industry Standard for Mining Cost Estimating
CostMine Industry Standard for Mining Cost Estimating

Industry Standard for Mining Cost Estimating Specializing in Cost Models Equipment Costs Labor Costs Supply Costs Smelting and Mine Development Costs Gold Heap Leach Cost Estimating Guide Key reference for estimating costs for mining heap pad construction ore placing gold recovery and reclamation

Online Chat
Overview of Mining Costs
Overview of Mining Costs

The flatness of the gold cash cost curve makes gold 1600 1800 2000 2200 2400 1600 1800 2000 2200 2400 Cash Cost Ounce Cash Cost Ounce Annual Average Gold Price in 2011 1569 Gold Mine Cash Costs in 2011 production relatively less sensitive to changes in the price of the metal 0 200 400 600 800 1000 1200 1400 0 200 400 600 800 1000

Online Chat
How to Estimate the Cost of Building a Mine
How to Estimate the Cost of Building a Mine

You can roughly estimate how much is the cost of building a new mine by its rated capacity The daily plant tonnage MULTIPLIED by 5000 to 25000 of the 2013 US A good rule of thumb for any metallurgist Below are examples of today’s project and there cost estimates

Online Chat
Gold miners’ 1200cost fallacy
Gold miners’ 1200cost fallacy

So back in June 2013 the World Gold Council introduced a new goldmining cost measure known as allin sustaining costs They include far more than cash costs They include far more than cash costs

Online Chat
The Real Cost of Mining Gold  Kitco Commentary
The Real Cost of Mining Gold Kitco Commentary

Cash cost is the cost to mine goldbearing rocks process the ore and sell the gold It factors in basic mining processing transport and refining costs but ignores sustaining capital general and administrative GA expenses and other associated costs

Online Chat
Costs of Remediation at Mine Sites
Costs of Remediation at Mine Sites

Projected cost of water managementtreatment ranges from 25 million to 204 million Costs of Remediation Table 41 Examples of Costs for Remedial Measures at Specific Sites cont The cases studies describe a wide range of different levels of environmental concern as well as mine sizes

Online Chat
Todays Gold prices are not much above production costs
Todays Gold prices are not much above production costs

The global gold cost curve is not far below current gold prices Note how today’s prices red dotted line are not much above production costs for a majority of mines The average mine pays 1083 to pump out an ounce of gold leaving a couple hundred dollars of profit at current rates

Online Chat
How Much Gold Has Been Mined  World Gold Council
How Much Gold Has Been Mined World Gold Council

Mining companies will estimate how much gold remains at each mining project they operate These can be split into two categories reserves gold that is economic to mine at the prevailing gold price and resources gold that will potentially be economic to mine subject to

Online Chat
Todays Gold prices are not much above production costs
Todays Gold prices are not much above production costs

Cash costs for global gold mining average around 600 per ounce That means the majority of operating mines are doing fine at today’s gold prices The reason we’re not hearing about gold mines being shuttered the way we were in base metals the last few years prior to

Online Chat
What Makes a Worldclass Gold Deposit  Investing News
What Makes a Worldclass Gold Deposit Investing News

What makes a worldclass gold deposit Mining and processing costs – keep them low While looking at grade is important it’s crucial to remember that even a highgrade gold deposit can be

Online Chat
Gold Mining Rising Costs and Limited Cash Flow  Gold
Gold Mining Rising Costs and Limited Cash Flow Gold

Over the last two to three years we have seen total costs rise an average of 15–17 At a gold price of 1600oz the industry does not produce a single Dollar of free cash flow If we take a cost inflation of only 10year we will need a gold price over 2000oz to maintain production

Online Chat
HOW TO VALUE A GOLD MINING COMPANY DOWNLOAD
HOW TO VALUE A GOLD MINING COMPANY DOWNLOAD

1 Mining cost consists of all costs associated with excavating the ore eg mine equipment operator cost fuel cost maintenance cost explosives cost etc Expressed as US per ounce of gold produced

Online Chat
Under the Microscope The True Costs of Gold Production
Under the Microscope The True Costs of Gold Production

After rounding we can conclude that the recycling of gold costs about 40bn per year and rising or about 780ounce Social Costs of Gold Mining

Online Chat
Hours and rates  Big Thunder Gold Mine
Hours and rates Big Thunder Gold Mine

Big Thunder Gold Mine Tour Rates Adults 1095 Children 612 795 Children younger than 5 no charge Group Rates Available Reservations needed for groups of 15 or more

Online Chat
About the Mine and Mill Equipment Cost Calculator
About the Mine and Mill Equipment Cost Calculator

Ask an Expert Jennifer Leinart A licensed professional geologist and cost estimator leading the CostMine division With over 35 years of mining industry experience from exploration through development and operations she now specializes in project evaluation economic analysis cost estimating and consulting services

Online Chat
The True AllIn Cost To Mine Gold Complete 2012 Figures
The True AllIn Cost To Mine Gold Complete 2012 Figures

Apr 17 2013 · The true gold cost of 1287 is much higher than the reported cash costs under 1000 for most miners and gives gold miners very limited profit at

Online Chat
» Mistakes Novice Placer Miners Make
» Mistakes Novice Placer Miners Make

If the overburden only contains 2 of gold per yard and your mining cost is 5 per yard then you are losing 3 for every yard put through the wash plant On the other hand if you can strip lowgrade overburden for 1 per yard then you have saved 2 per yard which can

Online Chat
Prepared for MeMO 2016  Reducing Mining Costs and
Prepared for MeMO 2016 Reducing Mining Costs and

Underground Mine Costt Total 0 50 100 150 200 250 Mine 1 Mine 2 Mine 3 Mine 4 Mine 5 Mine 6 Mine 7 Mine 8 Mine 9 G A Processing Cost Ore and Waste Handling Underground Services UG Utilities In Stope Mining Cost 207 147 210 130 106 100 163 131 150

Online Chat
Lowest Producing Cost Gold Mine In 1998  Mine
Lowest Producing Cost Gold Mine In 1998 Mine

The Pierina GoldSilver Mine produced 152000 ounces of silver last year at a cost of 852ounce This means that the once lowest cost gold mine in the world has become one of the highest cost gold mines in the world Major mining companies have operating gold mines with total cash cost of gold ranging from 500ounce to 600ounce in 2012

Online Chat
Gold Mining  Gold Production  World Gold Council
Gold Mining Gold Production World Gold Council

Gold mining and mine production does not respond quickly to prices The project development timeline and mine lifecycle is a very long one – it often takes decades to move from discovery to production

Online Chat
Gold Mining Company Business Plan Sample
Gold Mining Company Business Plan Sample

Gold mining operations range from tiny to gigantic Definitely location and size of the operation will determine how a miner will start a gold mine All these must be captured in even a small scale gold mining business proposal Here is a sample business plan for starting a gold mining company 1 Prospect the site with a shovel and pan

Online Chat
top
shangwutong