Iron Ore Mining C1 Cash Costs

Fortescue - explaining the various cost and price metrics

So if the iron ore index price is at US$58/dmt, Fortescue will be realising a price of about US$58 x 85% = US$49.3/dmt on its iron ore; C1 Cost The C1 cost represents the 'direct' production costs of iron ore and is a commonly quoted figure. However, it does not represent the full cost …

Operating Costs, AISC | Mining Data Online

102 Cash Costs / C1. Total Cash Costs / C2. AISC. All-in Costs / C3. Currency ... Combined. …

Cash cost - Mining - Moneyterms: investment, finance and ...

Cash cost. Cash costs, in mining, are the costs of production, at site level, per unit of output. Cash costs include operational cash costs at site level. This: includes transport, refining and administration costs and royalties. excludes non-cash costs such as depreciation and amortisation.

Mine cash costs and margins - who hurts most? Report ...

Using our detailed mine cost research we compared average total cash plus sustaining capital costs, and resulting cash margins, across the copper, nickel, zinc, gold, bauxite, coal and iron ore sectors from 2012 through to 2014. Most commodities show strong falls in average operational cash margins due to sinking prices combined with increasing ...

MACQUARIE MINING FORUM PRESENTATION

C1 is defined as direct cash operating costs produced, net of by-product credits, divided by the amount of payable zinc produced. Direct cash operating costs include all mining, processing, transport, treatment costs and smelter recovery deductions through to refined metal.

Bildplatshållare Industry trends - Boliden

A cash cost curve is benchmarking some 90% of the worlds mines (Normal C1)-2,000 Copper mining; Normal C1 cash costs USD/tonne; 2007 12,000 4,000 2,000 0 Copper production Thousand tonnes 4,000 8,000-4,000 Aitik Source chart: Brook Hunt 2007

Fortescue posts record first quarter iron ore ... - mining.com

The Australian miner kept direct costs, or C1 costs, at $15.25 per wet metric tonne in the three months to September, in line with the June quarter, but 20% higher than a year ago.

FMG trumps Rio, BHP in iron ore cost battle - MiningNews.net

The company exited 2015 with a C1 cost of just $15/wmt – six months ahead of schedule – and as a result, has lowered its guidance by $2/wmt and plans to exit FY16 at $13/wmt. By comparison, Rio Tinto reported C1 costs of $13.20/t for January, while BHP Billiton's half-year costs were $15.21/t.

Fortescue Metals Group hits iron ore record, but suffers ...

The results place Fortescue on track to meet its FY2022 guidance of 180-185Mt at US$15-15.50/wmt cash costs. "Across our operations, we achieved record first quarter shipments of 45.6 million tonnes and maintained our industry leading C1 cost of US$15.25 per wet metric tonne," FMG boss Elizabeth Gaines said, noting the ramp up of the new ...

Next Pilbara iron ore miner Strike Resources lowering ...

Despite a dip in the iron ore price in recent weeks from record levels seen in the middle of the year, prices remain historically high around the US$130/t mark. By comparison, Strike expects to have its life of mine C1 FOB cash costs at Paulsens East of just US$63-69 per tonne.

CVL Economics - Mining & Process Solutions

•Net Direct Cash Cost (C1) represents the cash cost incurred at each processing stage, from mining through to recoverable metal delivered to market, less net by-product credits (if any). The M1 margin is defined as metal price received minus C1. •Production Cost …

Fenix Resources as a cash cow or small cap miner with ...

The financial fundamentals in the feasibility included annual production of 1.25 million tonnes of ore produced at a C1 (direct) cash cost of US$53.80/t (A$76.86/t) for an estimated pre-tax internal rate of return of 58.9% and annual earnings before interest, tax and other charges of $16.4 million — handsomely higher than the project's ...

Iron Bridge Costs Up But Fortescue Is Forgiven - FNArena

Iron Bridge is expected to produce 22mtpa of high-grade 67% iron at a life-of-mine C1 cash cost of US$33-38/wmt, lifting the average product grade for Fortescue Metals. Stellar Prices. The outcome for Credit Suisse is a moderating of the valuation of Fortescue Metal's 61% ownership of Iron Bridge, equating to around -$0.20 a share.

Brazil's CSN expects to produce or buy up to 37 kton of ...

10 It added that it expected 2021 C1 iron ore extraction costs, which typically include only direct costs such as labor, to come to $19 per tonne. ($1 = 5.55 reais) (Reporting by Gram Slattery ...

Capstone Presents a Robust Cobalt Production Option to the ...

As shown, the estimate total C1 cash costs 19 over LOM are estimated at $0.02 per pound of payable copper produced, when including gold and iron credits. The co-product LOM C1 cash costs …

Rio's now mining iron ore for $14.30 a tonne - MINING.COM

Rio's now mining iron ore for $14.30 a tonne. ... According to its half-year financial report the company's Pilbara unit cash costs fell to $14.30 per tonne in 2016 first half compared to $ ...

CHILEAN COPPER MINING COSTS - Cochilco

NET CASH COST C3 VS COPPER PRICE (¢US$/LB) Source: Cochilco and Woodmackenzie Q32017 • 2012: Mining companies began to make efforts to contain the rise in costs. • 2016: Margins of the companies presented levels observed before 2002. 68,4 …

Iron Bridge Costs Up But Fortescue Is Forgiven – ShareCafe

How China and extraction costs are impacting iron ore ...

Markets discounted a fall in iron ore prices for much of 2021 by refusing to lift the value of mining equities. How China and extraction costs are impacting iron ore price fall | news.com.au ...

China iron ore cost summary Report | Wood Mackenzie

Report summary. Our 2020 average total cash cost of Chinese iron ore mines is US$0.5/tonne higher compared to 2019 due to higher royalties and levies because of higher iron ore prices in 2020. We expect costs to increase to US$70/tonne due to the strong RMB in 2021. Iron ore prices were stronger than expected in 2020 and again this year which ...

GRR - Financial Statements - 31 Dec 2017 26 Feb 2018 ...

"C1" Operating Cost (A$/t Product Produced)(1) $99.17 $79.13 (1) Note: "C1" costs are the cash costs associated with producing iron ore products without allowance for mine development, deferred stripping and stockpile movements, and al so excludes royalties, sust aining capital, depreciation and amortisation costs.

VALE'S PERFORMANCE IN 1Q16

C1 Cash cost FOB port per metric ton of iron ore fines in Brazilian Reais was R$ 47.5/t in 1Q16, practically in line with the R$ 47.0/t9 recorded in 4Q15, mainly due to increases in operational productivity and the ongoing cost-cutting initiatives, despite less fixed-costs dilution on seasonally lower production volumes and higher

Ferrexpo plc Financial Highlights

C1 cash cost US$47.8 per tonne up US$4.5 per tonne reflecting domestic inflation of 4% and a 14% appreciation of the ... It has been mining, processing and selling high quality ... iron ore pellets to the global steel industry for 40 years. In 2019, the Group produced 10.5 million tonnes of pellets ranking it as

Fortescue - explaining the various cost and price metrics

Global iron ore cost summary Report | Wood Mackenzie

Global iron ore cost summary Report summary Average seaborne cash costs in 2020 fell to US$29/tonne, compared to US$31/tonne in 2019 and …

Fortescue - explaining the various cost and price metrics

C1 Cost The C1 cost represents the 'direct' production costs of iron ore and is a commonly quoted figure. However, it does not represent the full cost of production. Fortescue's C1 cost guidance for the second half of FY15 is US$25-26/wmt. Delivered cost . The delivered cost includes the C1 cost, plus shipping, royalties and overhead costs.

(PDF) COST ESTIMATION FOR OPEN PIT MINES: TACKLING COST ...

2.1 Cost Categorization. In this paper, costs in open pit mines are categorized into four groups: (1) capital costs, (2) operating costs, (3) general and administrative (G&A) costs, and (4) fixed ...

Quarterly Report - Evolution Mining

Further cost reductions achieved at Cracow following full transition to owner-miner with unit mining costs now reduced by 35% and C1 cash costs reduced by 18% compared to FY13 Improved mining method at Pajingo – a move to mining smaller stope panels to improve mining efficiency and consistency and to reduce dilution