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HomeHomework HelpgeologyEconomic Geology

Economic Geology

Economic geology is the study of geological materials that have economic value, focusing on the identification, extraction, and management of mineral resources. Resource evaluation involves assessing the quantity, quality, and economic viability of these resources to inform sustainable development and utilization.

intermediate
5 hours
Geology
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Overview

Economic geology plays a crucial role in understanding how natural resources can be utilized for economic gain. It encompasses the study of various minerals and fossil fuels, evaluating their potential for extraction and use. By employing techniques such as geological surveys and resource evaluation...

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Key Terms

Mineral Resource
A concentration of minerals in the Earth's crust that can be extracted for economic benefit.

Example: Gold, copper, and coal are examples of mineral resources.

Geological Survey
A systematic examination of the geological features of an area to assess its resources.

Example: Geological surveys help identify potential mining sites.

Sustainability
The ability to maintain resource extraction without compromising the environment or future generations.

Example: Sustainable mining practices reduce waste and protect ecosystems.

Economic Feasibility
An assessment of whether a project is financially viable.

Example: Economic feasibility studies determine if mining a site is profitable.

Sampling Methods
Techniques used to collect representative samples of minerals for analysis.

Example: Core sampling is a common method in mineral exploration.

Fossil Fuels
Natural fuels formed from the remains of ancient organisms, such as coal, oil, and natural gas.

Example: Fossil fuels are a major energy source worldwide.

Related Topics

Mineral Exploration
The process of searching for mineral deposits to assess their potential for extraction.
intermediate
Geochemistry
The study of the chemical composition of Earth materials and their interactions.
advanced
Environmental Geology
The study of the interactions between geological processes and human activities.
intermediate
Mining Engineering
The discipline that applies engineering principles to the extraction of minerals from the Earth.
advanced

Key Concepts

Mineral ResourcesResource EvaluationGeological MappingSustainability