A parametric cost model for mineral grinding mills

221 Uni-variate regression After choosing the regressor variables, the structure of the model should be selected Cost models of mineral grinding mills have historically applied the power function platform (Mular, 1982, Mular and Poulin, 1998; Pascoe, 1992)

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New uni and multivariate cost models for major grinding mills were developed • The models estimate operating and capital costs for design and economic simulation

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A parametric cost model for mineral grinding mills The consumption of the grinding media represents an expressive part of the grinding operational costs; it may reach up to 40% of the costs in a mineral processing unit [19], and wear constitutes

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The proposed cost model is developed based on stepwise multi variate regression The R square of the presented model was 9753% and indicated a proper fit on the data set

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These are namely a simple crushing, grinding, concentrating, and flotation circuit without frill or fancy theories, but with a constant supply of ore through the mill at a nominal profit per ton, operating continually 24 hours per day

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