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life of mine

   Also found in: Acronyms 0.01 sec.
life of mine [′līf əv ′mīn]
(mining engineering)
The time in which, through the employment of the available capital, the ore reserves‒or such reasonable extension of the ore reserves as conservative geological analysis may justify‒will be extracted.
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The Ruby Creek Project, with a production rate of 23,000 tonnes per day, has an updated capital cost estimate of CDN$647 million and life of mine average annual site operating costs of US$9.
Junior miner climbs on moly study by Sean Mason / Stockhouse
I must have been insane And now, thro' sheer stupidity It comes as no surprise This wretched, wasted life of mine In hopeless tatters lies, take heed
Dabbling with the devil by Evening Chronicle (Newcastle, England)
At the Aitik copper mine, reserves are 610,000 (625,000) million tonnes and the life of mine is over 18 years.
Boliden: Boliden's Increased Ore Reserves and Mineral Resources Opens ... by Business Wire
 
 
 
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