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Today gold price in Nigeria (Lagos) in Nigerian Naira per ounce, gram and tola in different karats; 24, 22, 21, 18, 14, 12, 10 based on live spot gold price
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Add contingencies for operating costs of 10-15 and 20-30 for capital costs. Revenue how much gold can be recovered o tonnage processed per period o recovered grade o gold price Operating costs what does it cost to recover this gold o Mining Costs overburden stripping, excavation, haulage, dewatering, labor, lease or buy
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The cost data above referred to has been compiled from actual operating results and shows the cost of milling both for the old 50-ton plant and the new 100 ton concentrator, as is now in use. Note the reduction in milling costs through the use of the new flowsheet which includes an 8-cell “Sub-A” Flotation Machine.
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