Mineral Resources
Mineral resources are concentrations of minerals significant for current and future societal needs. Ore is classified as mineralization economically and technically feasible for extraction. Not all mineralization meets these criteria for various reasons. The specific categories of mineralization in an economic sense are:
- Mineral occurrences or prospects of geological interest but not necessarily economic interest
- Mineral resources include those potentially economically and technically feasible and those that are not
- Ore reserves, which must be economically and technically feasible to extract
Read more about this topic: Economic Geology
Famous quotes containing the word resources:
“I am willing to pledge myself that if the time should ever come that the voluntary agencies of the country together with the local and state governments are unable to find resources with which to prevent hunger and suffering ... I will ask the aid of every resource of the Federal Government.... I have the faith in the American people that such a day will not come.”
—Herbert Hoover (1874–1964)