The Minimum Concentration Factor Necessary for Profitable Mining of an Ore

question 33

Multiple Choice

The minimum concentration factor necessary for profitable mining of an ore deposit depends on each of the following except

• A) The metal's average concentration in a deposit.
• B) The price of the metal being recovered.
• C) The mineral in which the metal of interest occurs.
• D) How the metal will be used once it is extracted from ore.

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Definitions:

Major Changes

Significant adjustments or transformations in strategy, operations, or processes within a business or industry.

Current Strategy

The ongoing plan of action implemented by a company to achieve its business objectives and respond to market conditions.

Financial Objective

A specific, measurable goal related to the financial performance or position of a company, such as revenue growth, cost reduction, or achieving a certain return on investment.

Reduce Overall Sales Costs

A strategic objective aimed at lowering the total expenses associated with the selling of products or services, enhancing profitability.