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Capital and Operating Cost Estimates for Copper Mine and Mill 0 200 400 600 800 1000 1200 1400 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 Copper Capacity / tpa Cu Mine/Mill CAPEX / M$ 0.0 20.0 40.0 60.0 80.0 100.0 120.0 Mine/Mill OPEX / c/lb Cu Mine / Mill Capital Cost Mine / Mill Operating Cost
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Copper ores. An ore is a rock containing enough valuable mineral to make it worth extracting. In the case of copper, it is worth extracting when there is about 2 kg of copper per 1,000 kg of ore (0.2%). Copper minerals are found in over one hundred varieties, although only a few have been worked for copper on a large scale.
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The ratio of overburden to ore is sometimes as high as 5 to 1. The ore itself averages less than 0.7% copper in US mines. Copper ore normally is crushed, ground, and concentrated, usually by flotation, to produce a beneficiated ore containing about 25% copper. The ore concentrates are reduced to the metallic state, most often by a ...