RE: Why mines close down (featuring @clint01 as author)

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Why mines close down (featuring @clint01 as author)

in mining •  8 years ago 

This is why I like the royalty/streamers :)

mining
8 years ago by

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      ·  8 years ago 

    My research is into the impact of the mineral resource royalty on narrow tabular precious metal deposits. Because it's treated as a cost - it can have an impact on cut-off grades and in some cases - a massive impact on the minable reserve. Seen in one case a reduction of 20% minable reserve after a 3.5% royalty cost

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