RE:RE:Interesting..Auteco Resumes Mining of Ming Rambler MineA review of the 2018 FS by Rambler for expanding the Ming mine and mill is instructive .
In that Report, haulage from the Ming mine to the Nugget Pond mill ....44 km ..accounted for 9% of total cash costs of $671 million US over a 20 year LOM.
Haulage of the concentrate from the Nugget Pond mill to the GoodYears Cove storage ....145 km..accounted for 19 % of LOM cash costs .
That is, haulage costs accounted for 28% of total cash costs.
Converted to CAD...about $800 m ...annual cash costs per year would have been $40 million cad and haulage costs would have been about $11 million CAD per year .
Oil prices were about 1/2 of what they are today, so current haulage costs would be about $22 million per year , assuming that the Nugget Pond mill will be used by Auteco .
In other words, using the Pine Cove mill at anticipated 10,000 tons per year of copper, will save Auteco
about $22 million per year......and this excludes other inflationary costs since 2018
This of course is just one side of the story ....Auteco 's side
There is also Maritime's side..