Mining Engineering > GATE 2025 > Cutoff Grade
The relevant information on metal extraction from a copper mine are given below:
Selling price of copper (Rs./kg)=900
Mining cost (Rs./tonne of ore)=500
Processing cost (Rs./tonne of ore)=2000
Overall recovery of copper metal (%)=70
Ignoring all other costs, the breakeven cutoff grade of copper, in %, is ______ (rounded off to 2 decimal places)

Correct : 0.39

Similar Questions

A trapezium has vertices marked as P, Q, R and S (in that order anticlockwise). The side PQ is parallel to side SR. Further, it is given that, PQ = 11 cm, QR...
#4 MCQ
Mosquitoes pose a threat to human health. Controlling mosquitoes using chemicals may have undesired consequences. In Florida, authorities have used geneticall...
#6 MCQ
Consider the following inequalities. (i) 2π‘₯ βˆ’ 1 > 7 (ii) 2π‘₯ βˆ’ 9 < 1 Which one of the following expressions below satisfies the above two inequalities?
#7 MCQ

Related Topics

metal extraction copper mine economics breakeven cutoff grade mining engineering GATE 2025 GATE 2025 Q35 cutoff grade calculation ore processing costs copper recovery percentage

Unique Visitor Count

Total Unique Visitors

Loading......