GEO E111 Study Guide - Quiz Guide: Syncline, Potash, Superheated Water

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16 Jul 2020
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Factors influencing exploitation of minerals: value of mineral. Minerals of high value will be mined even if they occur in small quantities because one sold it will be possible to offset mining costs and make a profit and vice versa: quality of ore. Minerals which aren"t of high value have to occur in large quantities for them to be mined so that it will be a possible to recover mining costs and make a profit: capital. Mining can be done if the mineral is in demand and if the prices are reasonable so that mining costs are offset and a profit is realised: political influence. Mineral deposits at the borders of two countries may not be exploited as a dispute may arise concerning whom mine it e. g. dispute between iraq and kuwait over rumaila should oil field: labour. Method of extracting minerals which are near the earth"s surface.