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Lojiko

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Lojiko

Re: Implanting post# 18084

Tuesday, 10/30/2012 2:22:01 PM

Tuesday, October 30, 2012 2:22:01 PM

Post# of 26631
Industry average for open pit is 2.69 Au-g/t for open pit, 15.72 g/t for underground, according to Mining Almanac. Lower grades are just a fact of life from open pit mines because the volume of gold is being divided by a greater volume of overburden and waste rock.

Like mjk said, grades are irrelevant if throughput and profitability metrics can be met.

"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." -- Thomas Jefferson

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