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will cost per hour to own and operate in a given appli - cation and locality. Therefore, this section provides a suggested method of estimating hourly owning and operating costs. When this method is coupled with local conditions and dealer input, it will result in reasonable estimates. The method suggested follows several basic principles: Repair and Planned Maintenance cost per hour are ...

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This mine is an open pit mine producing 5,000 tonnes ore and 5,000 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 U.S. mining operations.

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For equipment that works very few hours per day, the derived equipment lives may be very long and local conditions should be checked for the reasonableness of the estimate. This is defined as the price that equipment can be sold for at the time of its disposal.

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Many of our so-called small gold mines or low grade deposits could well take this simple and inexpensive flowsheet for an example and be rewarded by a good profit per ton of ore treated, if the owners or operators would adhere to these principles.

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