Break Even Analysis – How to Calculate the Cut-Off Grade
Mining Costs per Tonne (OPEX) – $150 Current Price per Ounce – $1,500 Cut-Off Grade (ounces per tonne) – ($150 / $1,500 =) 0.10 ounce / tonne Cut-Off Grade (grams per tonne) – (0.10 x 28.349523125 =) 2.835 grams / tonne. I have also included an example to find the hypothetical cut-off grade for a pound of copper (which is actually the ...
