OPCOST ? A Comprehensive Mine Costing System ? Introduction

A detailed breakdown of capital and operating costs is an essential element in the planning and evaluation of any mining project. The OPCOST System was developed by Golder Associates to provide mining engineers with the facility to synthesize detailed cost estimates for all aspects of an operating or potential open pit mine. The system can also be applied to underground mines equally as well. Such estimates can be prepared at a variety of levels depending on the detail required by the project. The OPCOST System is a suite of computer programs linked through a common hierarchical data base. It simulates the thought and reasoning processes within the quantity takeoff and cost estimation phases of a mining project. The system was developed as a mining cost engineering tool on the basis that it would have to satisfy a variety of purposes, namely: