Wellgreen Project Preliminary Economic Assessment ... - OTCIQ.com

Mine Equipment
21.2.2 SUSTAINING
2012 2013 2014 2015 2016 2017 2018 Total
Major Mine Equipment 0.0 0.0 0.0 0.0 0.0 0.0 111.9 111.9
Other Mine Equipment 0.0 0.0 0.0 0.0 0.0 0.0 5.6 5.6
Support Mine Equipment 0.0 0.0 0.0 0.0 0.0 0.0 1.0 1.0
Contingency - - - - - - 29.7 29.7
Total Mine Equipment 0.0 0.0 0.0 0.0 0.0 0.0 148.2 148.2
Total Pre-production 6.2 3.3 7.1 5.5 106.9 326.8 407.3 863.1
The sustaining capital period from 2019 through 2054 has a cost of
US$1,121.8 million, including a 25% contingency. It is comprised of major mine
equipment at US$521.3 million, other mine equipment at US$30.0 million, support
mine equipment at US$5.3 million, refurbished power plant at US$61.7 million and a
TMF at US$503.5 million.
Sustaining capital costs are estimated to cover major repairs and replacement of
mine equipment to maintain continuous mine production levels at an average rate of
39 Mt moved annually for the 37-year LOM.
Pricing for major mine production equipment was obtained from Tetra Tech’s inhouse
cost database and CostMine’s 2010 Mine and Mill Equipment Costs Guide
and has been escalated to 2012 dollars.
A summary of the sustaining mine capital cost is outlined in Table 21.4.
Table 21.4 Sustaining Capital (US$ million)
Pre-production
Sustaining Capital
(2019 to 2054)
Equipment Units Total Cost
Major Mine Equipment 119 521.3
Other Mine Equipment 260 30.0
Support Mine Equipment 57 5.3
Refurbished Power Plant - 61.7
Tailings Management Facility - 503.5
Total Sustaining 436 1,121.8
A breakdown of the mine equipment fleet required for the Project is provided in Table
21.5. The table itemizes fleet units and equipment costs during pre-production,
sustaining and total LOM.
Prophecy Platinum Corp. 21-3 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada