Date of Award

Fall 2015

Degree Type

Publishable Paper

Degree Name

Master of Science (MS)


Mining Engineering

Committee Chair

Thomas Camm

First Advisor

Scott Rosenthal

Second Advisor

Lance Revenaugh

Third Advisor

Jeffrey Johnson


Cost reporting has focused on the direct cost of mining and processing ore which was summarized in the non-GAAP cash cost developed by the Gold Institute in 1996. In 2013, a group of mining companies, working with the World Gold Council, developed a more inclusive approach to reporting costs designed to solve the dilemma of showing a more comprehensive reflection of recurring costs involved in producing gold, without discouraging investors.


A publishable paper submitted in partial fulfillment of the requirements for the degree of MS in Mining Engineering Montana Tech 2015