Mine Development. Others . . . . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) USD (000’s) USD (000’s) 7,285 1,296 10,152 2,339 9,398 2,796 6,200 3,069 6,000 2,915 5,500 2,600 5,500 2,600 Sub-total . . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) 24,371 30,453 35,153 29,806 28,353 25,300 25,300 Processing Cost . . . . . . . . . . . . . . . . . . . . USD (000’s) 29,315 31,104 41,884 34,234 32,523 31,300 31,300 Smelting cost (concentrate) . . . . . . . . . . . . USD (000’s) 12,511 13,814 20,487 15,762 14,974 14,500 14,500 Other costs . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) 228 88 108 190 200 200 200 Concentrate sale . . . . . . . . . . . . . . . . . . . USD (000’s) 1,599 1,559 1,647 1,574 1,550 1,463 968 Management fee . . . . . . . . . . . . . . . . . . . USD (000’s) 6,616 9,119 10,249 8,226 7,500 7,500 8,000 Sub-total . . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) 50,269 55,684 74,375 59,986 56,747 54,963 54,968 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) 74,640 86,137 109,528 89,792 85,100 80,263 80,268 Source: MCC provided Capex and Opex figures February 09 Notes: * Includes smelting, concentrate, other and management costs The Saindak Cu-Au Mine unit operating costs vary from USD18.80/t to USD 27.56/t (refer to Table 6.16). While the forecast operating costs appear low, they are reasonable for a large tonnage, high throughput operation.
Mine Development. It was proposed to develop old pit for mineral. Mining was carried out in the old pit.
Mine Development. 20.1.1 The Mine Operator shall, at all times during the Contract Period, ensure and procure the fulfillment of its obligations in respect of development of the Mines in accordance with Applicable Laws, Applicable Permits, Mining Plan, the provisions of this Agreement and Standard Industry Practice.
Mine Development refers to work undertaken to prepare an ore body or a mineral deposit for mining, including the construction of necessary infrastructure and related facilities.
Mine Development
