life of mine


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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.
References in periodicals archive ?
De-risked supply chain expected to secure approximately 70% of Paracatus anticipated power needs for the life of mine at a low, fixed cost and reduces market exposure for a key input in an environment where the Company expects input costs to rise.
Based on the current resource models, Tongo will have a planned 11 levels, Lando 10 levels and Kundu 5 levels during the 21 year life of mine.
The company president and chief executive officer, George Faught, said, 'The Life of Mine 1% royalty from both Simmer and Jack and First Uranium provides significant value to the Company.
International Resource News-24 February 2009-Great Basin Gold Announces Life of Mine Projections for Hollister(C)2009 ENPublishing - http://www.
Scorpio Gold Corporation wishes to update its shareholders on the progress of the NI 43-101 compliant mineral resource and reserve estimate and life of mine plan study for the Mineral Ridge project currently being prepared by AMEC Mining & Metals (AMEC) of Sparks, Nevada.