Question

Which among the following is not correct about the factors required to convert a mineral deposit or reserve into a mine?

• A. Concentration of minerals in the ore
• B. Distance of the mine should be away from the markets.
• C. Ease of extraction of minerals
• D. Economic viability of a reserve

Answer 1

The correct option is B Distance of the mine should be away from the markets.

There are many factors that need to be decided before converting a mineral deposit or reserve into a mine. The concentration of minerals in the ore, ease of extraction of minerals, a close distance of the mine to the market or industry and economic viability of a reserve are among them.