The mine planning process for an openpit diamond mining
Processing costWhittle = Processing cost + (Ore mining cost Waste mining cost) + Overhead costs. Selling costs Letseng mine is obligated to a government royalty payment of 8% of the revenue from the sales of diamonds, while the marketing and selling costs account for % of the revenue. A cost factor of % is therefore applied to the dollars per carat as a selling cost in Whittle