Economic Geology - Mineral Resources

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

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