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cost of a specific item of equipment, eg a ball mill, or to the direct cost of a unit process, eg a grinding circuit. The following terms are used to define capital costs: • equipment cost – typically the cost of equipment ex works, excluding spares, but including drives and electric equipment to the local panel

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The indirect cost was estimated at 45% of direct capital costs and was considered to be within industry standards for the options considered. A similar approach was applied to estimate the total direct costs. It was found that both HPGR-ball mill and HPGR-stirred mill circuits have higher associated capital costs than the SABC option.

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