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 Quotelimestone of various ages from a few thousand to more than 350 million years old. Some deposits have chemical grades as high as 95% CaCO. 3. However, some areas are completely without any suitable limestone deposits. Most of the cost of limestone to the customer is determined by how far away it comes from and how it is shipped. Shipping by
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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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