Conference Proceedings
Mining Industry Capital and Operating Cost Estimation Conference, Sydney, June 1990
Conference Proceedings
Mining Industry Capital and Operating Cost Estimation Conference, Sydney, June 1990
Costing Techniques in the Mining Industry
Many mining operations are uncertain of what costs they should be achieving. The majority of cost estimates are based on historical costs that have added contingency factors. Historical costs are a valuable source of information but a more precise costing method is necessary. There are several alternative methods for predicting costs. A methodology which provides the best indication of the achievable costs is one using a standard inventory list and a bill of quantities. The model is termed a Basic Principles model and addresses basic design principles and engineering constraints.
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C Adams
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- Published: 1990
- PDF Size: 1.898 Mb.
- Unique ID: P199004008