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LOW CASH COSTS OF $583 AND ALL-IN SUSTAINING COSTS OF $671 PER OUNCE OF GOLD for the 750 ton per day mill and processing plant to operate at full capacity for 7 days a week. Below is a
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The 596,482 tons milled yielded $1.86 per ton at a total cost of $1.18 per ton of which $0.52 was milling cost. COSTS ON THE RAND. The distribution of costs at Randfontein Estates Gold Mining Co., which is typical of the older sand-slime type of plant, is shown in Table 100.
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Thank you for posting this information rich article. I''ll be referring to it and your five part series a lot in the coming days and weeks. If I may pose a question, the last time I checked (2011 or 2012 I believe) on the all-in cost to mine an ounce of Gold was between $1215 and $1250 an ounce.
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The cost data above referred to has been compiled from actual operating results and shows the cost of milling both for the old 50-ton plant and the new 100 ton concentrator, as is now in use. Note the reduction in milling costs through the use of the new flowsheet which includes an 8-cell “Sub-A” Flotation Machine. The savings made in lower operation costs and lower maintenance costs are
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