Mine Operating Cost Calculator
Calculate the total operating cost per metric tonne of mineral production by aggregating drilling, blasting, loading, hauling, processing and overhead costs.
Result
| Cost Component | ₹/MT | Monthly Total (₹) |
|---|
Disclaimer: This tool provides an indicative estimate for general planning only and is not professional, legal, financial, medical or engineering advice. Reference values are editable defaults that vary by location, vendor, regulation and date. Verify critical figures with a qualified professional. Varada Nexus accepts no liability for decisions made using this tool.
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Contact Varada Nexus for detailed consultationFAQ
What is a typical cost per tonne for iron ore mining in India?
Open-cast iron ore mining in India typically costs ₹500–₹900/MT all-in including royalty. High strip ratio sites or underground operations can cost ₹1,200–₹2,000/MT.
What is the strip ratio and how does it affect cost?
Strip ratio is the volume of overburden removed per tonne of ore. A ratio of 3:1 means 3 cubic metres of rock removed per tonne of ore. Higher strip ratios significantly increase hauling and overburden costs.
How do I reduce mining operating cost?
Optimise blast design to reduce secondary breaking, use larger capacity equipment (lower unit cost), improve utilisation rates, reduce downtime through predictive maintenance, and negotiate bulk fuel supply contracts.