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Mining Machine Costs

Machines average value in other words 1, but if you know the actual insurance cost for your machine then use that figure instead.Estimated insurance costyear av.Value 100.Depreciation.Depreciation is the decrease in a machines value over time.It is the amount of money you must put away every year to be able to replace the machine.

Pdf Cost Estimation For Open Pit Mines

Groups i mining costs, ii processing costs, iii mine reclamation costs, and iv power and energy costs.G a cost is regarded as management cost per year, which consists of.

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