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In soft or high clay content ores, a conventional SAG mill with or without crushing of pebbles by ... costs to ensure the continued efficiency of mine operations. ... applications in iron ore, copper ore, platinum ore, and gold ore.
That would make the gold in a one pound ore sample worth approximately 75 cents, and this is assuming that the ore is extremely rich. Many mines can run profitably on much lower grade ores, which might easily reduce the average value of ore down to 25 cents or less per pound.
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The main problem for individuals or small groups interested in hard rock gold deposits is the high capital costs both for the mining equipment to dig and remove the rock as well as the equipment to crush and process hard rock ore in order to extract the gold from its solid rock enclosure.
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May 21, 2013· In Nevada, which produces the most gold ounces per square kilometer, about 55% of land is covered. Interestingly, Nevada has produced 225 million oz of gold to date, but the majority of these discoveries have come from outcrop clues on the surface. Imagine what gold could be hidden under soil and gravel within the valleys of the state.
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Oct 11, 2011· This mining and processing cost of roughly 20 per tonne of ore now has to be subtracted from the value of the ore. Applying a 75% recovery to the average grade of 2 grams per tonne gold leaves us with a recovered grade of grams per tonne gold. Assuming a 1,500 gold price we get an average per tonne value of ~72.
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