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Oil Drilling an Expensive Business According to Arizona Geological Survey,Oil drilling in Arizona costs between $400,000 to $1,000,000,depending on the depth of the hole and its location. Mine & Mill Equipment Costs Estimator's Guide,Capital & Operating. The Mining Cost Service Manual contains only part of the equipment cost data.Drill,rotary (crawler),1,5.13" to 7.88" (13.0 20.0 cm) hole,diesel,25 ft (7.6 m). Drilling & Mining Equipment for Sale Ritchie Bros. Find the mining and drilling equipment for almost any mining phase at Ritchie Bros.unreserved auctions,from surface mining to underground mining.Find the directional drills,excavators,mining shovels,rock trucks and other equipment needed to prepare mine sites,build infrastructure and extract precious metals,minerals and aggregate. 45,000 ton coal mining machine has blade the size of a four. Daily Mail Online Diameter of saw component alone spans 12 metres while a single machine can cost up to £66million.'It is used in the mining of coal and can actually mine 4,500. Mine & Mill Equipment Costs Estimator's Guide,… Mining Equipment Fleet 10,000 tonne per day (ore + waste) open pit mine.The following listings of equipment capital and operating costs are taken directly from the current Mining Cost Service Manual and Mine and Mill Equipment Cost Estimator's Guide.In addition to the items listed here,these manuals contain entries for 74 additional excavators,50 additional haulers,16 dozers,6 graders. Drilling & Mining Equipment for Sale Ritchie Bros. Used mining equipment,drilling equipment and heavy machinery for sale at Ritchie Bros.unreserved auctions.Drills,excavators.Drilling & Mining Equipment. Alibaba Manufacturer Directory Suppliers,Manufacturers. 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