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 always put these pert jackanapeses out of countenance by looking extremely grave when they expect that I should laugh at their pleasantries; and by saying Well, and so?—as if they had not done, and that the sting were still to come. This disconcerts them, as they have no resources in themselves, and have but one set of jokes to live upon.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)