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Economic Mineral Deposits
Geologist distinguish between mineral reserves and mineral resources. The term resource refers to hypothetical and speculative, undiscovered, subeconomic mineral deposits or an undiscovered deposit of unknown economic. Reserves are concentrations of a usable mineral or energy commodity, which can be economically and legally extracted at teh time of evaluation. Today, mineral resources have becoma almost synonymous with industrial power, and industrial power is in turn dependent upon ownership of.
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