Base Metal Mine Models
Click here for precious metals mines or for ferrous metals mines.

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All mine cost models and cost curves are sent as compressed ZIP files containing an Excel spreadsheet. After the file is downloaded, double-click on the file name to recover the Excel file. Models described as editable contain all formulas and can be modified by the user. All editable models are user-extendible to 2015. For more information on each model, click on the mine name.

All models have been updated for 2007 input costs, prices and exchange rates. All models contain production actuals to 2006 and estimates for 2007/08. Forecasts for 2007 and 2008 are in constant 2007 dollar terms.
Models with actual production data for 2007 are marked revised or new

Download industry cost curves for Cu, Pb, Zn, Ni, Mo, Ag, Fe and Mn!

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Dynamic Cost Curves Dynamic Cost Curves

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SELECT A MINE MODEL FOR DOWNLOAD
Mine Owner/Operator Country Product Years US$
Aitikrevised Boliden Sweden Cu Ag Au 1992-2012 $390
Aitik Editable revised Editable Model Sweden Cu Ag Au 1992-2012* $700
Aguablanca new Lundin Mining Spain Ni Cu Co PGM 2005-2012 $390
Aguablanca Editable new Editable Model Spain Ni Cu Co PGM 2005-2012* $700
Aljustrelrevised Lundin MiningPortugalZn Pb Cu Ag2007-2012$390
Aljustrel Editable revised Editable ModelPortugalZn Pb Cu Ag2007-20012*$700
AlmagreraNavan MiningSpainCu Zn Ag Au 1999-2001$280
Almagrera EditableEditable ModelSpainCu Zn Ag Au1999-2001*$500
Alumbrerarevised Xstrata/Goldcorp/N Orion Argentina Cu, Au 1997-2012$390
Alumbrera Editablerevised Editable Model ArgentinaCu, Au1997-2012*$700
Andina revised Codelco ChileCu Mo 1991-2012 $390
Andina Editable revised Editable Model Chile Cu Mo1991-2012* $700
Antamina revised Xstrata/Teck-Comin/BHP-BPeruCu, Zn2001-2012$390
Antamina Editable revised Editable Model PeruCu, Zn2001-2012*$700
Atacocha revised Co Min Atacocha PeruPb, Zn, Ag 1997-2012 $390
Atacocha Editable revised Editable Model PeruPb, Zn, Ag 1997-2012* $700
Bagdadrevised Freeport McMoRan USACu-Cu SXEW Mo 1991-2012 $390
Bagdad Editable revised Editable Model USACu-Cu SXEW Mo 1991-2012* $700
Balkash new KazakhmysKazakhstanCu, Ag 2002-2012 $390
Balkash Editablenew Editable ModelKazakhstanCu, Ag 2002-2012* $700
Balmat revised HudBay USAZn 2006-2012 $390
Balmat Editablerevised Editable Model USAZn 2006-2012* $700
Batu Hijaurevised Newmont IndonesiaCu, Au 1991-2012 $390
Batu Hijau Editablerevised Editable Model IndonesiaCu, Au 1991-2012* $700
Bindura new MwanaZimbabweCu, Ni 2000-2012 $390
Bindura Editablenew Editable ModelZimbabweCu, Ni 2000-2012* $700
Bingham Canyon revised Rio Tinto USA Cu, Au 1991-2012 $390
Bingham Canyon Edrevised Editable Model USA Cu, Au 1991-2012* $700
Bismark revised Penoles Mexico Cu, Zn, Ag 1998-2012 $390
Bismark Editable revised Editable Model Mexico Cu, Zn, Ag 1998-2012* $700
Black Mountain revised Anglo AmericanSouth AfricaPb Zn Cu Ag1991-2012 $390
Black Mountain Ed revised Editable Model South AfricaPb Zn Cu Ag1991-2012* $700
Black/Silver Swan revised Norilsk Australia Ni1997-2012 $390
Black/Silver Swan Edrevised Editable Model Australia Ni1997-2012* $700
Boliden Area revised Boliden (7 mines) Sweden Zn Pb Cu 1992-2012 $390
Boliden Area Editable revised Editable Model Sweden Zn Pb Cu 1992-2012* $700
Bouchard-Hebert Breakwater Res CanadaZn Cu Ag Au1995-2005$390
Bouchard-Hebert Ed Editable ModelCanadaZn Cu Ag Au1995-2005*$700
Bougrine Breakwater Res TunisiaZn Pb1994-2005$390
Bougrine Editable Editable ModelTunisiaZn Pb1994-2005*$700
Broken Hill revised Perilya Mines AustraliaZn Pb Ag1991-2012$390
Broken Hill Editable revised Editable ModelAustraliaZn Pb Ag1991-2012*$700
Brunswick revised Xstrata CanadaZn, Pb, Ag1991-2012$390
Brunswick Editablerevised Editable Model CanadaZn, Pb, Ag1991-2012*$700
Bulong Bulong Operations AustraliaNi, Co1999-2003 FREE
Bulong Editable Editable Model Subscr Only Ni, Co 1999-2003* FREE
Bwana/Lonshirevised First QuantumZambiaCu SXEW1998-2008$390
Bwana/Lonshi Editable revised Editable ModelZambiaCu SXEW1998-2008*$700
Cadia revised Newcrest MiningAustraliaAu, Cu1998-2012$390
Cadia Editable revised Editable ModelAustraliaAu, Cu1998-2012*$700
Cananea revised Grupo Mexico MexicoCu-Cu SXEW1995-2012$390
Cananea Editable revised Editable Model MexicoCu-Cu SXEW1995-2012*$700
Candelaria revised Freeport McMoRanChileCu1991-2012$390
Candelaria Editable revised Editable ModelChileCu1991-2012*$700
Cannington revised BHP BillitonAustraliaAg Pb Zn1997-2012$390
Cannington Editable revised Editable ModelAustraliaAg Pb Zn1997-2012*$700
Carlota new FreeportUSACu SXEW2008-2012$390
Carlota Editable new Editable ModelUSACu SXEW2008-2012$700
Cawserevised NorilskAustraliaNi Co1998-2012$390
Cawse Editablerevised Editable Model AustraliaNi Co1998-2012*$700
Cayeli revised Inmet MiningTurkeyCu, Zn1995-2012$390
Cayeli Editable revised Editable Model TurkeyCu Zn1995-2012*$700
Century revised ZinifexAustraliaZn Pb Ag1999-2012$390
Century Editablerevised Editable ModelAustraliaZn Pb Ag1999-2012*$700
Cerro Colorado revised BHP BillitonChileCu SXEW1994-2012$390
Cerro Colorado Ed revised Editable ModelChileCu SXEW1994-2012*$700
Cerro de Pascorevised VolcanPeruPb Zn Ag1992-2012$390
Cerro de Pasco Edrevised Editable ModelPeruPb Zn Ag1992-2012*$700
Cerro Lindo revised MilpoPeruZn Cu Pb Ag2008-2013$390
Cerro Lindo Editablerevised Editable ModelPeruZn Cu Pb Ag2008-2013$700
Cerro Matoso BHP BillitonColombiaNi1992-2012$390
Cerro Matoso Ed Editable ModelColombiaNi1992-2012*$700
Cerro Verde revised Freeport McMoRanPeruCu SXEW1991-2012$390
Cerro Verde Editable revised Editable ModelPeruCu SXEW1991-2012*$700
Charcas revised Grupo Mexico MexicoZn Pb Cu Ag1997-2012$390
Charcas Editable revised Editable Model MexicoZn Pb Cu Ag1997-2012*$700
Chino revised Freeport McMoRanUSACu-Cu SXEW1991-2012$390
Chino Editable revised Editable ModelUSACu-Cu SXEW1991-2012*$700
Chuquicamata revised CodelcoChileCu-Cu SXEW Mo1991-2012$390
Chuquicamata Editable revised Editable ModelChileCu-Cu SXEW Mo1991-2012*$700
Codemin Anglo AmericanBrazilNi1998-2012$390
Codemin Editable Editable ModelBrazilNi1998-2012*$700
Cobriza new Doe Run PeruPeruCu Ag 2001-2012 $390
Cobriza Editablenew Editable ModelPeruCu Ag 2001-2012* $700
Colihues new Amerigo ResourcesChileCu, Mo1998-2012$390
Colihues Editable Editable ModelChileCu, Mo 1998-2012*$700
Collahuasi revised Xstrata/MinorcoChileCu-Cu SXEW1998-2012$390
Collahuasi Ed revised Editable ModelChileCu 1998-2012*$700
Colquijircarevised El BrocalPeruPb Zn Ag1991-2012$390
Colquijirca Editablerevised Editable ModelPeruPb Zn Ag1991-2012*$700
Continental Montana Res/Grupo MexicoUSACu Mo1991-2012$390
Continental Ed Editable Model USACu Mo1991-2012*$700
Copper Rand new Campbell ResourcesCanadaCu Ag Au 2006-2012 $390
Copper Rand Ednew Editable ModelCanadaCu Ag Au 2006-2012* $700
Cosmos Jubilee MinesAustraliaNi2000-2012$390
Cosmos Editable Editable Model AustraliaNi2000-2012*$700
Cuajonerevised SPCC (Grupo Mexico)PeruCu-Cu SXEW Mo1991-2012$390
Cuajone Editable revised Editable ModelPeruCu-Cu SXEW Mo1991-2012*$700
Doe Run Doe Run ResourcesUSAZn Pb Cu1991-2012$390
Doe Run Editable Editable ModelUSAZn Pb Cu1991-2012*$700
Duck Pond new Teck ComincoCanadaCu Zn Ag Au 2006-2012 $390
Duck Pond Editablenew Editable ModelCanadaCu Zn Ag Au 2006-2012* $700
Eastern Region new KazakhmysKazakhstanCu Zn Ag Au 2002-2012 $390
Eastern Region Ednew Editable ModelKazakhstanCu Zn Ag Au 2002-2012* $700
El Abra revised Freeport McMoRan/CodelcoChileCu SXEW1996-2012$390
El Abra Editable revised Editable ModelChileCu SXW1996-2012*$700
El Mochito revised Breakwater ResourcesHondurasZn Pb Ag1991-2012$390
El Mochito Ed revised Editable ModelHondurasZn Pb Ag1991-2012*$700
El Monte/Zamipan Penoles Mexico Pb, Zn, Ag 1998-2003 $390
El Monte/Zamipan Ed Editable Model Mexico Pb, Zn, Ag 1998-2006* $700
Endeavour (Elura) revised CBHAustraliaZn Pb Ag1991-2012$390
Endeavour Edrevised Editable ModelAustraliaZn Pb Ag1991-2012*$700
Ernest Henry revised XstrataAustraliaCu, Au1997-2012$390
Ernest Henry Ed revised Editable ModelAustraliaCu, Au1997-2012*$700
El Porvenir revised Minera MilpoPeruPb Zn Ag1993-2012$390
El Porvenir Editable revised Editable ModelPeruPb Zn, Ag1996-2012*$700
El Salvadorrevised CodelcoChileCu-Cu SXEW Mo1991-2012$390
El Salvador Ed.revised Editable ModelChileCu-Cu SXEW Mo1991-2012*$700
El Soldadorevised Disputada de las CondesChileCu1991-2012$390
El Soldado Editable revised Editable ModelChileCu1991-2012*$700
El Tenienterevised CodelcoChileCu-Cu SXEW Mo1991-2012$390
El Teniente Editable revised Editable ModelChileCu-Cu SXEW Mo1991-2012*$700
El Tesoro revised AntofagastaChileCu SXEW2001-2012$390
El Tesoro Editable revised Editable ModelChileCu SXEW2001-2012*$700
El Toquirevised Breakwater ResourcesChileZn, Ag, Au 1998-2012 $390
El Toqui Editablerevised Editable Model ChileZn, Ag, Au 1998-2012* $700
Endako Blue PearlCanadaMo 1991-2012 $390
Endako Editable Editable Model CanadaMo 1991-2012* $700
Escondida revised BHP Billiton et al ChileCu-Cu SXEW1991-2012$390
Escondida Editable revised Editable ModelChileCu-Cu SXEW1991-2012*$700
Falcondo XstrataDominican RNi1992-2012$390
Falcondo Editable Editable Model Dominican RNi1992-2012*$700
Flin Flon revised HudbayCanadaZn Cu Ag Au2000-2012$390
Flin Flon Editable revised Editable Model CanadaZn Cu Ag Au2000-2012*$700
Forrestania OutokumpuAustraliaNi1992-1999$280
Forrestania Editable Editable ModelAustraliaNi1992-1999*$500
Fortaleza VotorantimBrazilNi1997-2012$390
Fortaleza Editable Editable ModelBrazilNi1997-2012*$700
Francisco Madero revised Penoles Mexico Cu Pb Zn Ag 2001-2012 $390
Francisco Madero Edrevised Editable Model Mexico Cu Pb Zn Ag 2001-2012* $700
Fresnillo revised Penoles Mexico Ag Au Zn Pb 2001-2012 $390
Fresnillo Editable revised Editable Model Mexico Ag Au Zn Pb 2001-2012* $700
Gabriela Mistral new CodelcoChileCu SXEW2008-2012$390
Gabriela Mistral Editable new Editable ModelChileCu SXEW2008-2012$700
Galmoyrevised Lundin MiningIrelandZn, Pb1997-2012$390
Galmoy Editablerevised Editable ModelIrelandZn, Pb1997-2012*$700
Garpenberg revised BolidenSwedenZn Pb Ag1992-2012$390
Garpenberg Editable revised Editable Model SwedenZn Pb Ag1992-2012*$700
Gibraltar revised TasekoCanadaCu Mo Ag1991-2012$390
Gibraltar Editable revised Editable ModelCanadaCu Mo Ag1991-2012*$700
Girilambone Straits Res AustraliaCu SXEW1993-2003$250
Girilambone EdEditable ModelAustraliaCu SXEW1993-2003*$700
Golden Grove revised OxianaAustraliaZn Cu Ag Au1991-2012$390
Golden Grove Ed