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

Famous quotes containing the word resources:

    Nor is any evidence to be found, either in History or Human Nature, that nations are to be bribed out of a spirit of encroachment and aggression, by humiliations which nourish their pride, or by concessions that extend their resources and power.
    James Madison (1751–1836)