The break-even Revenue (at no profit) of a mine is $70M per tonne of ore. It costs $46M per tonne of ore to produce the ore mineral and it costs $3M per tonne of waste to extract and handle the waste. (i) Calculate the BESR. (il)) What would be the profit/lass per tonne of ore, if the mine management decided to change (reduce or increase) the stripping ratio to 3.1?
The break-even Revenue (at no profit) of a mine is $70M per tonne of ore. It costs $46M per tonne of ore to produce the ore mineral and it costs $3M per tonne of waste to extract and handle the waste. (i) Calculate the BESR. (il)) What would be the profit/lass per tonne of ore, if the mine management decided to change (reduce or increase) the stripping ratio to 3.1?
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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The break-even Revenue (at no profit) of a mine is $70M per tonne of ore. It costs $46M
per tonne of ore to produce the ore mineral and it costs $3M per tonne of waste to extract
and handle the waste.
(i) Calculate the BESR.
(il)) What would be the profit/lass per tonne of ore, if the mine management decided to
change (reduce or increase) the stripping ratio to 3.1?
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