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14 A method for stochastic estimation of cost and completion time of a mining project the risk associated with making these estimates. In most projects there is a cost and time over-run, in which case the project managers resort to recalculating the project cost and completion time. Consequently project managers have to go back
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WhatsAppGet PriceGet A QuoteMining is usually a permitted use in the Industrial District. If zoned in the Agricultural District, a Special or Conditional Use Permit for Mining, with or without blasting, may be required. Quarrying solid rock, like limestone and granite, requires blasting, whereas mining sand and gravel generally does not.
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WhatsAppGet PriceGet A QuoteMETHODS OF ESTIMATION :METHODS OF ESTIMATION : 1- Costs from actual similar1- Costs from actual similar operationsoperations Example:Example: Cost information (Canadian $) for the SimikameenCost information (Canadian $) for the Simikameen Mine, Newmont Mining Company Mines LimitedMine, Newmont Mining Company Mines Limited [CMI,[CMI, 1986).1986).
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WhatsAppGet PriceGet A QuoteIt is estimated that Danta and Kela-Mela mine blocks contain 11.4 crore tonnes of limestone. Given that it has been characterised as a major mineral, the auction price begins from ₹419 crores and can reach up to ₹1000-₹1500 crores.
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