Mineral Resources


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mineral resources

[′min·rəl ri′sȯrs·əz]
(geology)
Valuable mineral deposits of an area that are presently recoverable and may be so in the future; includes known ore bodies and potential ore.

Mineral Resources

 

the total supply of various commercial minerals suitable for both current and future use in various branches of the economy. The term is applied to various territorial units: region, country, groups of countries, entire economic systems, and the world in general. Mineral resources represent nonrenewable natural wealth, hence the ever-increasing importance of issues relating to their efficient use in the interests of development of the national economy. It is essential in this regard that deposits containing materials of value be completely worked and that losses incurred during the mining, processing, and transportation of raw materials be eliminated or minimized.

References in periodicals archive ?
The State Agency on Geology and Mineral Resources of the Kyrgyz Republic is the public agency that implements policy in the field of subsoil use and the development of the mining industry
According to the company, the inferred mineral resources have increased even though only limited drilling took place in the new areas of the mine.
The Micon 2010 Study, and the information contained herein derived therefrom, is preliminary in nature and the Micon 2010 Study includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.
Yampi Member Indicated Mineral Resource of 153 Mt @ 34% total iron and 39.
Allaw added that he held talks with Secretary of General People's Committee for Economy, Industry and Trade, Chairman of the conference Mohammad Alhweij which included cooperation agreement draft in the fields of mineral resources, Oil and Gas.
50 per tonne, the capped indicated mineral resource contains 5,032,000 ounces silver equivalent, while the uncapped indicated mineral resource contains 6,491,000 ounces silver equivalent.
We need to make the ministry focus on "using Northern mineral resources to develop a sustainable Northern economy.
submitted to him by the Minister of Petroleum and Mineral Resources, Ali bin Ibrahim Al-Naimi, the Crown Prince said," We thank you and appreciate your efforts in the development of mining sector and mineral resources, wishing you all success.
Capstone Mining Corporation (TSX: CS), a Canada-based company that explores for mineral resources, has announced results of National Instrument 43-101 compliant mineral resource estimates for the Minto copper-gold mine in Yukon, Canada.