Mineral Reserves

Definition: Mineral reserves refer to the economically mineable part of a mineral resource, which is defined as a concentration or occurrence of valuable and useful minerals in the Earth's crust. These reserves are typically estimated based on the geological data and knowledge of the deposit's size, shape, grade, and depth.

Sample Sentences:

• The country has vast mineral reserves of coal, iron ore, and gold.
• Exploration activities are being conducted to identify potential mineral reserves in the region.
• Investors are interested in mining companies with significant mineral reserves.

Sense 1: Availability of Minerals

Example: The mineral reserves of this mine are estimated to last for another 20 years.

Sense 2: Geological Assessment

Example: The geologist studied the rock formations to determine the potential mineral reserves in the area.

Sense 3: Economic Importance

Example: The government enacted strict regulations to protect the country's mineral reserves and ensure their sustainable extraction.

Sense 4: Mining Industry

Example: The mining company secured financing to develop their newly discovered mineral reserves.

Related Products on Amazon:

• Books about Mineral Reserves
• Geology Guides: Mineral Reserves
• Mineral Exploration Tools