Abstract
As described by Lane, in his book “Economic Definition of Ore”, minerals in the ground have no explicit value. It is not until they have been mined, processed and delivered to a customer that any value is realised. A mineralised body should therefore be regarded as a possible opportunity for development.
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References
Lane KF (1991) Economic definition of ore. Mining Journal Books, 149 pp
Whelan T (2013) All-in sustaining costs and all-in costs. Ernst & young presentation at Americas mining and metals forum
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Keersemaker, M. (2020). Modeling Economic Potential: Minimal Resource Parameters. In: Suriname Revisited: Economic Potential of its Mineral Resources. SpringerBriefs in Earth Sciences. Springer, Cham. https://doi.org/10.1007/978-3-030-40268-6_4
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DOI: https://doi.org/10.1007/978-3-030-40268-6_4
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