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Appears in Collections:Management, Work and Organisation Conference Papers and Proceedings
Peer Review Status: Refereed
Author(s): Oraee, Kazem
Goodarzi, Arash
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Title: Feasibility study of Gol-Gohar iron ore open cast mine operation of Iran
Citation: Oraee K & Goodarzi A (2006) Feasibility study of Gol-Gohar iron ore open cast mine operation of Iran In: . Fifteenth international symposium on mine planning and equipment selection (MPES 2006), Turin, Italy.
Issue Date: Sep-2006
Conference Name: Fifteenth international symposium on mine planning and equipment selection (MPES 2006)
Conference Location: Turin, Italy
Abstract: Feasibility study of the mining operation is one of the most important parts of the total mineral exploitation process. The economic importance of this, increases with the size of the mineral reserves. Gol-Gohar is one of the largest iron ore mines in Iran with an annual output of some 11 million tons. In this paper, the total costs associated with Gol-Gohar open cast mine have been calculated. These have been divided into capital cost, labor cost, energy and materials and supplies costs. Total revenues have also been estimated based on reliable forecasts for future. The results have then been analyzed and in particular, the effects of the inflation of prices on costs and other variables have been fully demonstrated. The paper calculates that the results obtained from feasibility studies of mining operations, can be affected seriously when uncertainties are present in the economy and when there are instabilities in the general price levels. It has also been concluded that fluctuations in the exchange rates can have a dramatic impact on the success of such long term activities.
Type: Conference Paper
Status: Author Version
Rights: The chair of the International Organizing Committee for the International Symposium on Mine Planning and Equipment Selection (MPES) has granted permission for use of this conference paper in this Repository. The paper was first presented at the Fifteenth international symposium on mine planning and equipment selection (MPES 2006), September 20-22, 2006, Turin, Italy.
Affiliation: Management Work and Organisation
Ministry of Labor and Social Affairs, Iran

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