The Use of Cost Indices to Update Historical Mine Costs
Organization: The Australasian Institute of Mining and Metallurgy
Jan 1, 1990
The application of cost updating with the aid of cost indices is reviewed with particular regard to the mining industry. Examples of applicable cost index series are included with values given for the last ten years. The compilation of the indices is discussed with consideration given to the possible sources of error inherent in their application to specific mining cost problems.