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The initial mill was designed with a 3000L grinding chamber, powered by a 1.12 MW motor. to traditional grinding technologies, such as ball mills or tower mills. enclose the grinding circuit with cyclones, reducing operating and capital cost.

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Thus, in a given grinding circuit, for a certain feed rate, a pebble mill would be much larger than a ball mill, with correspondingly a higher capital cost. However, the increase in capital cost is justified economically by a reduction in operating cost attributed to the elimination of steel grinding media.

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APPENDIX 2: CAPITAL AND OPERATING COST ESTIMATE GR

capital cost and operating cost estimate for a 500,000t/year conventional CIL plant and a (effective grinding length) overflow ball mill that will be fitted with a 900kW motor. The ball mill will be in closed circuit with 250 mm diameter cyclones. The ball mill will

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The indirect cost was estimated at 45% of direct capital costs and was considered to be within industry standards for the options considered. A similar approach was applied to estimate the total direct costs. It was found that both HPGR-ball mill and HPGR-stirred mill circuits have higher associated capital costs than the SABC option.

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The most common quoted spot price comes from the London P.M. or afternoon fix gold spot price, actually set during the morning hours in the United States, around 9:00 am Eastern Standard Time. The London PM fix, of all the gold spot prices, is the price at which the world's largest size gold purchases and sales are accomplished on any given day.

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