Choose the physical factor affecting profitability of mining operation in an area.
Answer & explanation
Correct answer: option 4
The profitability of mining operations depends on two main factors:
(i) Physical factors include the size, grade and the mode of occurrence of the deposits.
(ii) Economic factors such as the demand for the mineral, technology available and used, capital to develop infrastructure and the labour and transport costs.
(i) Physical factors include the size, grade and the mode of occurrence of the deposits.
(ii) Economic factors such as the demand for the mineral, technology available and used, capital to develop infrastructure and the labour and transport costs.