2011 Cost Of Underground Iron Ore Mining


  • Mt Whaleback: the backbone of BHP | The West Australian

    That is long gone, shipped to Japan, China and further afield. The lookout itself, now one of the highest points of the mine, was 60m underground when mining kicked off in 1968. More than 3 billion tonnes of ore and waste rock has been moved since then. It is the mine's size and history that makes it special for employees, past and present.


  • Cost Models of Theoretical Mining Operations | CostMine

    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. All costs listed are in 2012 US$.


  • Soudan Underground Mine Tours - Minnesota DNR

    Minnesota's first iron ore mine—the Soudan Mine—opened in 1882. Operations went underground by 1892 since the ore body continued deep into the ground. The mine's value was in the special kind of ore it produced. The ore's high oxygen content was used to make high-quality steel in open-hearth ...


  • Kiruna Iron Ore Mine - Mining Technology | Mining News and ...

    With an ore body 4km long, 80m thick and reaching a depth of 2km, LKAB's Kiruna is the world's largest, most modern underground iron ore mine. Since mining began at the site over 100 years ago, Luossavaara-Kiirunavaara AB (LKAB) has produced over 950Mt of ore, yet only one-third of the original ore body has been extracted.


  • The $200,000-a-Year Mine Worker - WSJ

    One of the fastest-growing costs in the mining industry are workers like James Dinnison: the 25-year-old high-school dropout from Western Australia makes $200,000 a year running drills in ...


  • 4100 Feet Underground in the Massive, Abandoned ... - YouTube

    Jul 31, 2015· While coming back down from some mines way up north, Paul and I stopped at the abandoned Admiral Ward Mine and walked down its 4100-foot inclined entry tunnel into the subterranean workings ...


  • Estimates of Electricity Requirements for the Recovery of ...

    Estimates of Electricity Requirements for the Recovery of Mineral Commodities, with Examples ... Estimated electricity requirements for producing gold from four deep-underground mines in ... Estimated electricity requirements for the production of iron ore products (lumpy and fines).....60 Table 25. ...


  • Energy and Environmental Profile of the U.S. Mining …

    Energy and Environmental Profile of the U.S. Mining Industry 4.1.1.2 Underground Mining Underground mines are established in areas with promising ore deposits. Iron ore deposits may lie deep underground. A shaft must be dug from the surface and an elevator or hoist must be installed.


  • Mining's last stand? A UP way of life is threatened ...

    Feb 18, 2016· The underground mines that were an industry standard for a hundred years were supplanted by open-pit operations, as the last UP underground mine closed in Negaunee in 1979. Ore mining …


  • Productivity in mining - Ernst & Young

    labor costs currently range from 20%–25% of total production costs for modern, mechanized and open cast mines, to 50%–60% for the mature deep-level underground mines. Worker demands for increased salaries and wages have continued to plague the industry, and it is estimated that South Africa's mining …


  • Rio faces $1.9bn cost blowout, delays at Oyu ... - MINING.COM

    Jul 16, 2019· Iron Ore; Battery Metals ... giant Oyu Tolgoi copper-gold-silver mine, but the costs and schedule of the project. ... since changes to planned underground infrastructure such as the ore …


  • A Swedish mining company is moving the entire town of ...

    May 25, 2017· Kiruna is built around Europe's largest underground iron-ore mine. State-owned mining company LKAB has been digging increasingly deep …


  • Mining Cost Service: Free Data for Mine Cost Estimates ...

    Mining Equipment Costs. Mining Equipment Fleet - 10,000 tonne per day (ore + waste) open pit mine. The equipment listed here represents a typical suite of equipment for a 10,000 tonne per day (5,000 tpd ore + 5,000 tpd waste) surface mine with a 3,500 ft. ore haul and a 1,800 ft. waste haul.


  • BREAK-EVEN ANALYSIS OF MINING PROJECT

    BREAK-EVEN ANALYSIS OF MINING PROJECT ... 2.3 Surface vs. underground mining costs 5 2.3.1 Mining method costs 6 2.4 Budgeting and cost control 8 2.5 Capital budgeting: methods of appraisal 11 ... the definition of ore. When mine economics change, …


  • Cost Comparison of Underground and Surface Mining Options ...

    This summary report compares capital and operating costs associated with hypothetical underground and surface mining operations located on Minnesota's Western Mesabi Iron Range. Spreadsheet cost models developed by the author are used for generating the comparative cost data.* The models are based in part on underground and surface mine cost ...


  • History of mining: five of the oldest mines still in operation

    Sep 20, 2018· Kiruna iron ore mine. The Kiruna mine, located in Norrbotten County, Lapland, is the largest underground iron ore mine worldwide. Owned by Swedish mining company Luossavaara-Kiirunavaara (LKAB), the mine has a general annual production capacity of 26mt of iron ore, and in 2008 produced 27.5mt of iron ore.


  • Iron ore mining - YouTube

    Oct 08, 2011· Iron Ore mining in the Plibara region of Western Australia near Newman. The Mt. Whaleback, Yandi, and Area C mines are shown.


  • Overview of Mining Costs - Gold Convention

    from primary gold mines was produced at cash costs lower than $1,033 per ounce during the third quarter of 2011. The flatness of the gold cash cost curve makes gold $1,600 $1,800 $2,000 $2,200 $2,400 $1,600 $1,800 $2,000 $2,200 $2,400 Cash Cost /Ounce Cash Cost /Ounce Annual Average Gold Price in 2011 = $1,569 Gold Mine Cash Costs in 2011


  • The Mining Industry: From Bust to Boom | Conference – 2011 ...

    The boom in iron ore demand later in the decade also triggered several attempts to further consolidate the Australian iron ore industry. As spot prices soared in late 2007, BHP Billiton made a bid to purchase Rio Tinto, which was rejected and eventually abandoned in November 2008 during the …


  • How Much Does a Mine Cost?

    Jun 01, 2010· Capital costs are typically a mining company's biggest expense – and an eye-watering one. On top of that, companies must pay labor costs, interest payments and environmental cleanup (assuming the country has and enforces environmental regulations).


  • PPT – Underground iron ore mining PowerPoint presentation ...

    Mining companies in India Mineral companies in India Bauxite Mining Companies in India - BGR Mining is the best Coal Mining & Mineral Extraction and Exploration Company in India Providing Maine Drilling & Blasting, Bauxite Mining, Oil and Gas, Iron Ore, Underground Mining, Core mining suppliers' & Best Heavy Mining Equipment suppliers in India Comparing from list of Coal Mining and Mineral ...


  • Metals & Mining in Russia

    Metals & Mining in Russia. Iron ore. Iron ore production in Russia in 2015 was flat in comparison with 2014 volumes, at 97.6 million tonnes. Capacity utilisation for iron ore in the Russia industry is close to 90-95%, due to stable demand from Russian steel producers and export sales. Metalloinvest is the largest iron ore producer in


  • FROM DEPOSIT TO MINE FROM MINE TO MINING VALUE …

    FROM DEPOSIT TO MINE FROM MINE TO MINING VALUE CHAINS Neale Baartjes Mineral Resource Consultant Diversifying a Mineral Based Economy. ... chromium and vanadium bearing titanium iron ore formations ... Cost/Unit Profit/Unit.


  • Iron ore mining in Western Australia - Wikipedia

    Iron ore mining in Western Australia, in the 2016-17 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$61.7 billion. The overall value of the minerals and petroleum industry in Western Australia was A$114.9 billion in 2017-18, a 9.5 percent increase on the previous financial year.. Western Australia's iron ore output for 2017-18 ...


  • Ernest Henry Mining: Magnetite Processing

    shaft underground mining following the approval of a $589 million development in December 2009 to extend its life of mine to 2024. Ore will be trucked from the underground mine following the completion of the open pit in 2011 at rates of approximately 3 million tonnes per annum. Following commissioning of the underground shaft in

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