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Mt Isa No 4 concentrator in 1976 showed the 12.5 ft rod mills were operating at an average ineffi ciency of 1.25 and the 16.5 ft ball mills with an effi ciency of 0.88. A study carried out by the author in 2004 on the Worsley 1.27 for
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known cost of a piece of equipment is based on for instance 1998 prices this cost must be multiplied by the ratio of the present day index to the 1998 base index in order to proportion the value to present day dollars.
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