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Senior mining companies are going after much larger deposits that yield maybe one single gram per ton or two if lucky enough. This means massive dislocation of ore and soaring environmental costs to comply. Energy costs is not a fixed cost so it has far less to do with costs of mining than before.
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At MacLeod Cockshutt Gold Mines, Ltd., the cost of roasting in 1941- 1942 was 32 cents per ton milled or $1.25 per ton of ore roasted, while at Lake Shore mines for the same year the cost was about 80 cents per ton roasted.
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A stamp mill is a type of mill machine that crushes material by pounding rather than grinding, either for further processing or for extraction of metallic ores. Breaking material down is a type of unit operation.
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The mill capacity and equipment sizes as shown has been selected as an example for treating 500-550 short tons of ore per 24 hours per day. Two-stage grinding is to all minus 65 mesh for an average ore.
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The 596,482 tons milled yielded $1.86 per ton at a total cost of $1.18 per ton of which $0.52 was milling cost. COSTS ON THE RAND. The distribution of costs at Randfontein Estates Gold Mining Co., which is typical of the older …
