Describe the factors that play an important role in affecting the economic viability of a reserve. How does reserve turns into a mine ?
(1) Important factors affecting the economic viability of reserve are as mentioned below : Concentration of mineral in the ore must be sufficient. There should be ease of extraction. It must be close to the market. (2) To meet the demand, a choice is made between a number of possible options. When this is done a mineral ‘deposit’ or ‘reserve’ turns into a mine.
