Chapter 8: Indicative capital and operating costs
The amount of information available for any valuation can vary considerably depending on the stage of development and the level of access to in-house information. The following sections provide information that may help you estimate some capital and operating costs for mining projects. It must be stressed that these numbers are very approximate and do not account for the specific aspects of any individual project.
Indicative capital costs — rule of thumb
The capital cost to develop a mine is dependent on a range of issues. These issues include but are not limited to:
• the type of mineral — metal, bulk or hydrocarbon
• whether the mine is underground or open cut
• the existing infrastructure ...