Cost Estimating

Specializing in Cost Models, Equipment Costs, Labor Costs, Supply Costs, Smelting and Mine Development Costs

Mining Cost Service

Companies, mining schools and government agencies worldwide rely on two-volume, 1,000 loose-leaf page Mining Cost Service to help them with:

  • Determining project costs
  • Estimating capital and operating budgets
  • Appraisals and acquisitions
  • Mineral property evaluations

Mining Cost Estimating Software

Cost Estimating applications for mining operations include:

  • Surface
  • Underground
  • Mineral Processing
  • Economics
Additional software:
  • Sherpa for Placer Mines
  • Sherpa for Reclamation Bonds
  • HME Benchmark


Mining Intelligence Costs offers engineering and geologic services in the areas of mining and reclamation planning and cost estimating, mineral economics, mining feasibility analysis, mineral property appraisal, geostatistical analysis, geologic field studies, and related areas.

Our highly experienced staff consists of registered professional mining engineers, geologists, a communications specialist, equipment specialist and compensation specialist. We also can provide, as needed, support personnel. This group forms a strong working team built on a solid background, drawing from productive careers in mine engineering, mineral economics, project evaluation, mine operation, exploration, and government service.

Mine and Mill Equipment Estimator's Guide

The guide includes both Capital Costs and Hourly Operating Costs for over 3,000 pieces of equipment commonly found in mines and mills around the world from $500 slusher buckets to $50,000,000 walking draglines.

Equipment Cost Calculator

The Equipment Cost Calculator is an online, interactive version of the Mine & Mill Equipment Estimator's Guide that allows you to change the parameters for calculating hourly costs, such as repair labor, diesel fuel, gasoline, natural gas, electricity and lubricants. This Calculator will allow equipment estimates in locales outside North America.

Labor Compensation Reports

The reports keep companies apprised of the current wages, salaries and benefits for US, Canada, Africa and Mexico.

Mining Intelligence Costs also publishes the International Compensation Guidelines for Mining Exploration Report.

Gold Heap Leach Cost Estimating Guide

Key reference for estimating costs for mining, heap pad construction, ore placing, gold recovery and reclamation.

Reclamation Cost Service

The Reclamation Cost Service brings together costs and operations for reclamation activities into one handy reference. It consists of a stand-alone sourcebook and a guide to engineering standards and regulatory requirements.

Coal Cost Guide

The guide provides coal-specific estimating information similar to the Mining Cost Service.

Along with sections such as Taxes, Wages and Supplies, it includes:

  • Mine & Prep Plant cost models
  • Coal production data
  • Mine & Processing Equipment prices
  • Cost Indexes for Coal Mining

Australian Specific Cost Estimating Data

The Australian Metal Cost Guide and the Australian Equipment database and guide provides the information you need for evaluating projects in Australia.

Key Features