Mineral Deposit Value
As you can see in the example above, the deposit does not have to be enormous in size (only 500 meters long by 100 meters wide) to contain a valuable deposit (approximately $6 billion worth of minerals). However, in order to be as realistic as possible about this valuation, you can not assume that the complete ore body contains the same grade (i.e. 2% copper and 1.5 gram per …Mining 101: Ultimate List of Gold ... - Precious Metal InfoAs of 2017, China produced the most gold per year at 429 metric tons, followed by Australia, and then Russia. However, there''s still a lot of gold out there, and you can join in the gold mining industry by investing in basic gold mining equipment. Basics of Gold Mining. There are two basic steps to gold mining: prospecting and production.