0
It depends on the method of mining adopted.
in case of openpit mines with large size fleet the biggest cost items are diesel, tyres and spares
In case of manual underground mines the biggest cost items would be wages
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Should mining companies be forced to pay the cost of reclaiming a mine site?
Yes And In Australia they are, It is interesting to note that generally however these same mining companies do nothing to preserve the ecology unless they are forced to by law.
What is a mining bust?
The mining industry is typically very "boom or bust". Bust would either mean that the mine has closed due to the ore being completely mined or metal prices have fallen to the point its no longer cost-effective to continue. Many mining communities are remote, 1 industry towns. When the mining ceases, most people leave the community for new jobs elsewhere, hence the "bust"
Why did mining stop?
Mining has not stopped.
Is open mining or closed mining more expensive?
Open-pit mining is generally less expensive in terms of exploration, development, equipment and operation. Typically, when a recovery operation is developed as an open-pit mine, the valuable mineral deposit is closer to the surface. Also, because it is open-pit, the scale of economy applies, meaning that larger equipment can be used, thus lowering the per-unit cost of operation. In addition, while underground mines must leave behind some of the target minerals in order to provide support for the mine structure, open-pit mines do not. It should be noted that while open-pit mining is generally the less expensive mining method. that will not always the case. This is due the geology. The nature of the ore body, and the depth and angle of the deposit will enter into cost considerations when choosing a mining method. It can also depend on the rehabilitation requirements as with open pit mining you are left with huge holes in the ground and with under ground/closed mining you simply have a small entry to close with mining is finished.
What is the most expensive mining?
underground mining
What is China's mining?
i think coal is the biggest mining business there
What is Nevada's biggest industry?
mining
How do you do mining costing?
To do the mining costing, the value of the minerals and the cost of mining it and the cost of compensating the inhabitants is usually considered.
What is the biggest mining investment opportunity of this decade?
software
Why is undersea mining been largely unsuccessful?
the cost and difficulty of such mining.
What is the major economic activity of the Atacama Desert?
Mining, especially copper mining, is the biggest industry of the Atacama Desert.
What is the cost of gold mining?
The energy cost of gold is 88,184,905
What is the energy cost of mining gold?
The energy cost of gold is 88,184,905
How much does a mining license cost?
A lot
In 1852 what was the cost of a mining license?
$5.00
How much do mining licenses cost?
$500
What is the cost of mining uranium?
See the link below.
