Operating Costs
LOM site unit operating cash costs, net of capitalized pre-stripping and other predevelopment costs, are$13.33per tonne-milled, as summarized in the table below:
|
LOM Operating Costs |
Area |
LOM CDN $/tonne milled |
Mining |
6.56 |
Processing |
4.87 |
Tailings Facility |
0.22 |
Depot Services |
0.52 |
Surface Services |
0.34 |
General & Administration |
0.82 |
Total |
13.33 |
Open pit mining cash costs average$6.56per tonne of ore mined, including waste and ore mining costs. The in situ life of mine average strip ratio (waste to ore) is estimated to be 2:1.
LOM copper production total and cash costs per produced pound including mine site operating costs, smelter and refining charges and concentrate transport cost average$2.09/lb and$1.15/lb, respectively.