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Industry Standard for Mining Cost Estimating

Mining Cost Estimating Software

Sherpa for Surface Mines

Sherpa for Surface Mines is an innovative, engineering-based software system that helps you estimate the costs of open-pit mining. Sherpa combines engineering-based estimating procedures with cost data from CostMine's Mining Cost Service to determine the pertinent capital and operating costs associated with surface development and mining.

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Sherpa for Underground Mines

Sherpa for Underground Mines is an engineering-based, menu-driven program that uses production and deposit data supplied by the user to calculate over 800 engineering parameters, which are in turn used by the program to estimate equipment, labor, ad supply costs. The user works through these parameters, changing them as necessary to tailor the estimate to conditions at a specific location.

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Sherpa for Placer Mines

Sherpa for Placer Mines is an engineering-based menu-driven program that uses production and deposit data supplied by the user to calculate a series of engineering parameters, which are in turn used by the program to estimate equipment, labor, and supply costs. The user works through these parameters, changing them as necessary to tailor the estimate to conditions at a specific location.

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Sherpa for Reclamation Bonds

Sherpa for Reclamation Bonds is an engineering-based, menu-driven program that uses project and site parameters supplied by the user to estimate the equipment, labor, supply, and administrative costs associated with mine site reclamation.

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Economic Analysis Software for Mining Projects - Apex

Apex is the standard of the industry for economic evaluation of mining projects - a status achieved only after years of use by hundreds of mining companies, government agencies, research organizations and mining schools. Apex reports have appeared in boardrooms, courtrooms, and mining offices worldwide.

Apex can help you put your project decisions on a solid foundation of economic principles. Terms such as tons, grade, mining costs, dilution, and mill recovery are the working language for Apex. Present value, payback period, rate of return, breakeven values, and risk and sensitivity analyses are the results.

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Equipment Cost Calculator

The Equipment Cost Calculator is an online, interactive tool for calculating CAPITAL COSTS and HOURLY OPERATING COSTS for over 3,000 pieces of equipment commonly found in mines and mills around the world from $500 slusher buckets to $50,000,000 walking draglines.

It allows you to change the parameters for calculating hourly costs, such as repair labor, diesel fuel, gasoline, natural gas, electricity and lubricants.

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HME Benchmark

HME Benchmark allows users to select a machine and define its operating circumstances, generating a contextual estimate that details periodic maintenance costs, manpower requirements and machine availability for the term of the estimate.
Annual and monthly estimates can be created, and they are based on underlying data collected from over 1,000 machines that have logged over 25 million operating hours in large open pit mines on four continents.

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Ask an Expert

Jennifer Leinart

A licensed professional geologist and cost estimator leading the CostMine division.
With over 35 years of mining industry experience, from exploration through development and operations, she now specializes in project evaluation, economic analysis, cost estimating and consulting services.

Telephone + 1 509 328 8023

Spokane, WA, United States

Jennifer Leinart