Equipment Sizing and Capital Cost Estimation
Can begin with cost accounting – gives a good view of corporate finances and considerations when evaluating a potential design. Given limited time – begin with equipment sizing and capital cost estimation. Again, coverage depends on previous exposure to sizing of: Pressure vessels, heat exchangers, pumps, compressors, etc.
CHART: Big oil, mining on capex strike
Capital expenditure by large oil and mining companies is down to a 15-year low despite a 40% rise in global commodity consumption over the same period, according to a new report. Investment firm ...
Mining capital expenditure to rise by 12% across leading …
Across the remaining miners, MMC Norilsk Nickel is planning a 10% increase in capital expenditure to $4.7bn, while guidance is for relatively flat spending at Barrick Gold of $2.2bn to $2.6bn after $2.4bn in 2022, and First Quantum is expecting a 28% increase to $1.6bn, due to an acceleration of spending at the Kansanshi project as …
Mining Technology | Mining News and Views Updated Daily
Mining Technology | Mining News and Views Updated Daily
How much will it cost?
Budget or list pricing is adequate. For example, it is satisfactory to receive a quote of $9.5 million for a complete ball mill. A price of $9,620,423.25 is not necessary. If possible, request ...
Mineral Processing Equipment | Mining Machinery
It is essentially any equipment used to mill, classify, grind, finish, blend, separate, break up lumps or otherwise reduce minerals to particle sizes used for a manufacturer's specific applications. Prater's equipment includes: Rotary Sifters, Rotary Sieves, and Centrifugal Sifters. Rotary Airlocks, Rotary Valves, and Rotary Feeders.
NioCorp reworks Elk Creek flowsheet to cut capex, opex, …
Sustaining costs are estimated to be $466.1 million. The project has an after-tax net present value with an 8% discount of $2.10 billion and an after-tax internal rate of return of 25.8%. The ...
Mining Machinery and Processing Equipment | Weir
Processes. Brands. At Weir, we offer a diverse portfolio of surface and underground mining machinery and processing equipment to cover the entire flowsheet from extraction to mineral processing and beneficiation.
Canadian mining capex reached decade high in 2022
On a broader scale, capex within the entire Canadian minerals sector, which also takes into account support activities for mining and downstream mineral-processing industries, grew 15% to C$17.7 ...
Eight Key Levers for Effective Large-Capex-Project …
1. Minimize Capital Expenditure Requirements. Minimizing capital expenditure can significantly reduce the overall risk of individual projects. The entire organization should develop a cost-focused culture, …
Global Mining Capex Watch: High Metal Prices To Facilitate …
Global Mining Capex Watch: High Metal Prices To Facilitate Increased 2022 Spending, But 2023 To See Slight Decline. Metals / Global / Thu 28 Apr, 2022. Key …
Mining capex at a crossroads
Another of the world's big mineral processing equipment manufacturers and suppliers, Finland's Corp, saw 2019 Q1 sales grow 17% yoy to $935 million while orders also climbed 18% yoy to $1.13 billion. ... As well as mines and mining companies, other indicators of mining capex trends include large and small …
Mining capital projects: Are you ready for the next CapEx …
Below are the five most important levers mining companies should act upon to both restore investor confidence and improve project success throughout the next upcycle and beyond. 1. Apply the right ...
Mining capital cost estimation using Support Vector
Nevertheless, some of them can be used for a rough estimation of CAPEX in the stage of a mining feasibility study. It is clear that considering the influence of other effective parameters is necessary during the estimation process to develop a reliable model for capital cost estimation. In general, the process of CAPEX estimation is so …
Mining drives Australian capex up by 11%
Equipment. Surface; Underground; Processing; Power; Services. Operations; Management; Technology; ESG. ... The increase in mining capital expenditure (capex) was offset by a 1.3% fall in non-mining industries, the ABS said. ... The report paints a picture of the equipment landscape and includes detailed profiles …
World's top copper projects by capex — report
Indicated Resources: 21.4mnt; The project includes Izok Lake and High Lake deposits. Teck's Galore Creek project in British Columbia, Canada in 6th place with a $6.1 billion capex allocation. In ...
CapEx Equipment | Pointe-Claire, Quebec | Maximize Your …
Working with clients from around the world, CapEx Equipment is dedicated to not only helping you maximize the return on your equipment, but to building a strong partnership throughout the process. We know auctions, we know appraisals, we know online marketplaces, but most importantly, we know how to best leverage our expertise to give …
Capex of top 30 miners to grow 6.2% in 2023, but decline
The world's biggest miner has increased its capex outlook for fiscal 2024 to $10 billion from a previous management projection of $9 billion. Capex for stage 1 of the …
Process Equipment Cost Estimating By Ratio And …
A ratio indicates the relationship between two (or more) things in quantity, amount, or size. Proportion implies that two (or more) items are similar, differing only in magnitude. Using these well-known mathematical tools is a simple process. When preparing preliminary estimates, two methods for estimating the cost of equipment are the Rule of ...
Capital Expenditure Examples
Once these values have been found, a direct application of those values into the formula shall give us the CapEx for a specific period. Let us apply the above numbers to clearly understand the concept: CapEx = Ending Net PPE – Beginning Net PPE + Depreciation Expense. = $50,000 – $40,000 + $5,000. = $15,000.
Raising Mining Capital: Best Practices | SpringerLink
Mining Capital. Michael Seeger. 480 Accesses. Abstract. Mining capital involves large sums of money and the processing of raising capital must be systematic …
Investments in the mining industry and financing of mines in …
The Pyrenees are exceptionally rich in metal ores and other minerals, which are widely demanded by modern industry and construction. For this reason, investment in the mining industry in Spain is attractive to dozens of large foreign companies such as Vale, Rio Tinto, Glencore, Anglo American and many others. With the value of mined minerals of about …
Ivanhoe outlines Phase 3-4 Kamoa-Kakula expansion
The pre-production capex for Phase 3 is $3.04 billion. After the third phase of expansion, the Kamoa-Kakula project will have a $19.1 billion after-tax net present value at an 8% discount rate.
NextSource Materials Announces Robust Feasibility Study …
Project Capex includes process equipment, civil & infrastructure, mining, buildings, electrical infrastructure, project & construction services. Includes capitalised operating costs. Excludes working capital, sustaining capital and closure costs. Assumes all concentrate will be sold on a FOB basis at the Port of Tulear, Madagascar.
NextSource Materials Announces Preliminary Economic …
CAPEX includes process equipment, civil & infrastructure, mining, buildings, electrical infrastructure, project & construction services. Values shown are based on real …
Planned mining capital spending to fall $11B in 2023
Total capital expenditure in the mining industry across 13 different commodities will fall by $11 billion in 2023, primarily driven by declines in development capex for iron ore and gold projects. Year-over-year reductions due to projects moving from the construction phase to production will outweigh increases coming through from earlier …
Mining capital projects Are you ready for the next CapEx …
Note: In this report, capital expenditure (CapEx) comprises the cash outflow on purchases of property, plant and equipment, and intangible assets. Expenditure on exploration …
LinkSav-Capex
Monthly Subscription Fees for all Mineral Processing Equipment and Machinery Sellers: US$250 excluding sales tax. Artisan Mining Processing Equipment Sellers Monthly Subscription Fees: US$100. Fixed online marketplace commission structure on different values Mineral Processing Equipment and Machinery sold per unit excluding sales tax. …
Appendix A – Use of Supporting Studies in Process …
The tables included in ... Mining and Mineral Processing . Industries. Capex is by factored comparison to similar project in similar location considering site location impacts (e.g. elevation, geography). Capex may also be by major equipment quotes and factoring from this basis. Accuracy should be from: - 20% to -50% and +30% to +.
Feasibility Studies – Foundation or Fantasy?
Final Feasibility Study: Capex +/- 10-15%, Opex +/- 5% The magnitude of the contingency is a more difficult figure to set. Typical figures are around 25%, 15%, and 10%, for the above three study ...