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In 1974 the Bureau of Mines began a systematic assessment of U.S. mineral supplies under its minerals availability program. To aid in this program, a technique was developed to estimate capital and operating costs associated with various mining methods.

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Efficient techniques for estimating costs using basic engineering principles are emphasized. Multiple examples of capital and operating cost estimates for surface mines, underground mines, and mineral processing plants are presented to demonstrate how the procedures are applied.

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47R 11 Cost Estimate Classification System As Applied in the Mining and Mineral Processing Industries. 47R 11 Cost Estimate Classification System As Applied in the Mining and Mineral Processing Industries AACE International, July 6, 2012

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Sensitivity analysis on capital and operating costs based on plant capacity, grade and recovery to determine optimal size to maximize return; Economic modeling (IRR, NPV, payback, sensitivities) that includes mining, geotechnical, mineral processing plant and infrastructure costs

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with efficient dust removal systems and hoods over all the The total capital cost in a mineral processing plant constitutes of two components I (a) Fixed capital (b) Working capital A few mode of estimation has been proposed by the American Association of Cost Engineers in respect of fixed

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#### Prefeasibility Cost Estimating and Economic Evaluation

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