Your reserves Mineral Valuation
no growth rate. More than 28 million tons are needed at a growth of 1 percent,32 million tons at a growth of 2 percent,and nearly million at a growth of 3 percent. Divide the total tons needed by the tpa in the deposit to determine how many acres are required. A 1 million tpy quarry, escalating at 2 percent annually, will sell 32 million