Strip Ratio, Mining Cost per Tonne of Ore & the Break-even Strip Ratio
This lesson is part of the course
In this lesson
You calculate the strip ratio of five pit phases, turn the cost per tonne moved into a cost per tonne of ore, and test each phase against the break-even strip ratio.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- Tonnage & Contained Metal: Volume, Density, g/t, % and Ounces Locked
- Grade-Tonnage Curve: Tonnes & Average Grade above Cut-off (with Chart) Locked
- Break-even Cut-off Grade: Cost ÷ (Price × Recovery × Payable) Locked
- Strip Ratio, Mining Cost per Tonne of Ore & the Break-even Strip Ratio Locked
- Recovery & Net Smelter Return (NSR) per Tonne of Ore Locked
- Annual Production Schedule & Mine Life (with Chart) Locked
- Mine Cash Flow, NPV & IRR: Capex, Sustaining Capex & Royalties Locked
- AISC per Ounce & Sensitivity to the Gold Price Locked