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# Uranium Mine Feasibility Calculator

(last updated Dec. 6, 2022)
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Calculate the economic feasibility of a uranium mine and mill.   HELP

1. Select a predefined parameter set, or enter and/or change parameters at your discretion,
2. enter a value into any one field of the Lifetime Material Balance (if none was preset), and
3. click the "Calculate" button.

"t" = metric tonne, "Mt" = million t, "Mlbs" = million lbs, "M\$" = \$ million, \$ = US\$.

> See also: Uranium Mine Feasibility Overview

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Waste generatedReserve/Product
AmountAmountUranium contentsValue
[Mlbs U3O8][t U3O8][t U][M\$]
Ore deposit  Mt Ore in situ
Mine Mt Waste Rock Mt Ore mined
Ore Sorting Mt Ore Reject Mt Ore post sorting
Mill Mt Mill Tailings t Ore Concentrate

Lifetime of operation: years
Capital
Cost
Nominal
Oper. Cost
Subtotal
(Nominal Cost)
Long-Term
Mgmt. Cost
Total
(True Cost)
Mining M\$ M\$ M\$ M\$ M\$
Ore Sorting M\$ M\$ M\$ M\$ M\$
Milling M\$ M\$ M\$ M\$ M\$
Gen. & Admin. M\$ M\$ M\$ M\$ M\$
All
stages
Total M\$
(=\$/lb U3O8)
M\$
(=\$/lb U3O8)
M\$
(=\$/lb U3O8)
M\$
(=\$/lb U3O8)
M\$
(=\$/lb U3O8)
Share (nom.) % % %
Share (true) % % % % %

Profit / Loss at
Nominal Cost
Profit / Loss at
True Cost
(Ore Concentrate Value ./. Cost) M\$
(=\$/lb U3O8)
(=%)
M\$
(=\$/lb U3O8)
(=%)

Please be aware that in most cases the figures shown do not comprise further cost components, such as:
acquistion cost of the property/deposit, exploration cost, sales cost, taxes and royalties, among others.

## Specific Results

Resulting Specific Operating Cost   [\$/lb U3O8 in Ore Concentrate]
Nominal OperatingLong-Term Management
Mining \$/lb U3O8 \$/lb U3O8
Ore Sorting \$/lb U3O8 \$/lb U3O8
Milling \$/lb U3O8 \$/lb U3O8
Gen. & Admin. \$/lb U3O8 \$/lb U3O8
Total \$/lb U3O8 \$/lb U3O8

Resulting Uranium Concentrations
in Waste generatedin Reserve/Product
Ore deposit Uranium Ore in situ: wt_% U
MineWaste Rock: (conc. not specified)Uranium Ore mined: wt_% U
Ore SortingOre sorting reject: wt_% UUranium Ore post sorting: wt_% U
MillMill Tailings: wt_% UUranium Ore Concentrate: wt_% U

Resulting Mass Flow
Mine Actual Mine Ore production rate: Mt/a
Actual Mine capacity usage: %
Ore Sorting Percentage of uranium contents in mined ore rejected by sorting: wt_%
Mill Actual Mill Ore processing rate: Mt/a
Actual Mill capacity usage: %
Actual production rate of uranium in ore concentrate:
Mlbs/a U3O8   =   t/a U3O8   =   t/a U
General Overall uranium recovery from Ore in situ to Ore concentrate: wt_%

## Parameter Entry

Select Parameter Set:

OP = open pit · UG = underground · HL = heap leach · ISL = in situ leach

Notes:

Process Parameters
Mine Grade of In Situ Ore: wt_% U   =   wt_% U3O8 (optional)
Waste/Ore Ratio:
Ore Production Capacity: Mt/a (optional)
Ore Extraction Losses: wt_%
Grade of Ore mined: wt_% U   =   wt_% U3O8
Ore Sorting Ore rejected: wt_%
Relative Ore grade improvement by sorting: %
Mill Ore Processing Capacity: Mt/a
Design Life: years (optional)
Extraction Losses: wt_% (auto estimate)
Uranium concentration in Ore Concentrate: wt_% U

Cost Parameters
Capital CostNominal Operating CostLong-Term Management Cost
Mining \$ per t/a mined
\$ million
\$ per t ore mined
\$ per t waste rock
\$ per t ore mined
\$ per t waste rock
Ore Sorting \$ per t/a mined
\$ million
\$ per t ore mined
\$ per t ore reject
\$ per t ore mined
\$ per t ore reject
Milling \$ per t/a milled
\$ million
\$ per t ore milled
\$ per lb U3O8 produced
\$ per t tailings
\$ per t ore milled
\$ per lb U3O8 produced
\$ per t tailings
General and
\$ per t/a mined
\$ million
\$ per t ore mined
\$ per lb U3O8 produced
\$ per t ore mined
\$ per lb U3O8 produced
Year of assessment:       Inflation: %       take inflation into account

Price Parameters
Market Price
Natural Uranium in
Ore Concentrate

\$ per lb U3O8   =   \$ per kg U