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

21.2.3 CLOSURE
Table 21.5 Mine Equipment Fleet Units & Costs (US$ million)
Major Mine Equipment
Pre-production
(2012 to 2018)
Sustaining
(2019 to 2054)
LOM Total
(2012 to 2054)
Units Cost Units Cost Units Cost
Haul Trucks 15 66.0 57 250.6 72 316.6
Shovels 3 21.4 12 85.5 15 106.9
Drills 2 4.3 3 6.5 5 10.8
Dozers 8 11.6 32 46.5 40 58.1
Graders 3 2.8 12 11.2 15 14.0
Wheel Loaders 1 5.6 3 16.7 4 22.3
Labour - 0.2 - 0.0 - 0.2
Contingency - 28.0 - 104.3 - 132.3
Total Major Mine Equipment 32 139.9 119 521.3 151 661.2
Other Mine Equipment 49 5.6 260 24.0 309 29.6
Contingency - 1.4 - 6.0 - 7.4
Total Other Mine Equipment 49 7.0 260 30.0 309 37.0
Support Mine Equipment 16 1.1 57 4.2 73 5.3
Contingency - 0.2 - 1.1 - 1.3
Total Support Mine Equipment 16 1.3 57 5.3 73 6.6
Total 97 148.2 436 556.6 533 704.8
An estimated closure cost of US$61.2 million, including a 25% contingeny, has been
applied in the last four years of the mine life, 2051 through 2054, as shown in Table
21.6.
Table 21.6 Closure (US$ million)
Closure Capital
2051 2052 2053 2054 Total
Closure 15.3 15.3 15.3 15.3 61.2
21.2.4 CONTINGENCY
A contingency of 25% was applied to the capital cost for a total of US$409.2 million.
A breakout of the Project LOM contingency for pre-production capital, sustaining
capital and closure is shown in Table 21.7.
Prophecy Platinum Corp. 21-4 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada