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Net smelter return. Net Smelter Return (NSR) is the net revenue that the owner of a mining property receives from the sale of the mine's metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty agreement.
Internal rate of return (IRR) is a method of calculating an investment 's rate of return. The term internal refers to the fact that the calculation excludes external factors, such as the risk-free rate, inflation, the cost of capital, or financial risk. The method may be applied either ex-post or ex-ante. Applied ex-ante, the IRR is an estimate ...
In surface mining, stripping ratio or strip ratio refers to the amount of waste (or overburden) that must be removed to release a given ore quantity. [1][2] It is a number or ratio that express how much waste is mined per unit of ore. The units of a stripping ratio can vary between mine types. For example, in coal mining the stripping ratio is ...
If you're a bitcoin bull, you might wonder if it’s time to start mining it. Here's how bitcoin mining works and what to consider to decide if it's right for you.
Room and pillar mining. Room and pillar or pillar and stall is a variant of breast stoping. It is a mining system in which the mined material is extracted across a horizontal plane, creating horizontal arrays of rooms and pillars. To do this, "rooms" of ore are dug out while "pillars" of untouched material are left to support the roof ...
hide. The net present value (NPV) or net present worth (NPW) [ 1 ] is a way of measuring the value of an asset that has cashflow by adding up the present value of all the future cash flows that asset will generate. The present value of a cash flow depends on the interval of time between now and the cash flow because of the Time value of money ...
Mineral resources. A 'Mineral Resource' is a concentration or occurrence of material of intrinsic economic interest in or on the Earth's crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. [ 7 ] Mineral Resources are further sub-divided, in order of increasing geological confidence ...
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favourably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or ...