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Grade and unit conversion

Convert between the units companies use for grade, which are not consistent between commodities or between jurisdictions.

The formula

1 g/t = 1 ppm. 1% = 10,000 ppm. 1 troy ounce per short ton = 34.2857 g/t. 1 kg/t = 1,000 g/t.

What it assumes

  • A short ton is 2,000 pounds. Companies reporting in ounces per ton almost always mean the short ton.
  • Parts per million is by mass, which is the convention for rock.

Where it stops being reliable

  • Converting a unit does not make two grades comparable. A grade only means something against the deposit type and the cut-off it was reported at.
  • Some announcements report ounces per tonne rather than per short ton. If the source is unclear, check before converting.