Definitions for "operating costs"
The day-to-day expenses incurred in running a business, such as sales and administration,...
is the costs of operating a mine, usually including all onsite costs of mining, milling, storing concentrate, and administration. Typically quoted in Rand per tonne or $/tonne. Major sustaining capital items such as mill expansion or large underground development during the life of a project are excluded.
Regular expenses of running programs and providing services which are incurred year after year (as opposed to Capital Costs).