What are the metal price trends used in defining ore? A question asked at the start of every mining study is what metal prices should we be using. Often one might apply a different price for Mineral Resources, Reserves, PEA, PFS, and Feasibility economics.
The Ore Trend App enables anyone to plot the prices used in a study against historical metal prices, the 3 -year price average, and against what others are using in their studies. Seven metals are covered (Au, Ag, Pt, Cu, Ni, Pb, Zn). The more studies that are input by Users, the larger the database grows.
This app launched June 3 so the project database is limited, but will hopefully grow over time.
Select the Metal of interest to view
Solid line = Price Dashed line = 3 Year Avg
Narrow down the time period to view
Hover over a Project Point to see details
Toggle on the types of Projects to show
The table below provides details (it can be hidden too)
Use top button to add a new Project
Project Name: Company plus study description
Date: The effective date of the study
Project Type: Resource estimate, Reserve estimate, PEA study, PFS reserves, FS reserves
Metal Prices: select the metals applicable to this project
All Project Points added will be saved in the online database, which anyone can view and edit at any time.
Note a study may require two Project Points; (i) one for the Resource prices, and (ii) a second price for the Reserve (or economics).