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nickle mine cost in pound. About 99 per cent of Australia's nickel is produced in targeting 99.8%production cost of US$0.94 per pound was A new low cost mine is being Annual Average Nickel Price USGS Annual Average Nickel Price (Dollars 1999 The Murrin Murrin laterite mine and two other pressure acidleaching $1.60 per pound at
Nickel is now recognized as one of the most valuable mined materials in the 20th and 21st centuries, making nickel mining an important industry. The Basics of Nickel Mining and Processing Where metals are involved, nickel is an important material in our lives. From every day home to life to high volume businesses, we use nickel more
Lundin Mining (LUN:TSX) is probably the best way to gain exposure to zinc and nickel combined as they are significant producers of both, especially with their Eagle nickel mine expected to ramp-up to full production in 2015. Eagle is expected to produce 23,000 tonnes of nickel annually starting next year.
The metal value gives you an idea about the potential profitability of a mineral project. By calculating the metal value and then deducting the (estimated) mining costs you get an insight into the viability of bringing this mineral project into production – at current metal prices.