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A mineral deposit can become an ore when it becomes profitably extractable. Nevertheless, factors affecting prices include supply versus demand, production costs, stocks on hand, government (price controls), possibility of supply disruption, technology (substitution, recycling), geopolitics, and exchange rate.
Wiki User
∙ 15y ago
Wiki User
∙ 15y agoTo be an ore, the mineral deposit must be considered to be economically feasible to support extraction. If the price of a commodity that is produced from an ore increases in value sufficiently, a material that was once not economically feasible to extract could become so, and therefore considered an ore.
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∙ 10y agosomebody answer this question
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Is quartz a alloy?
Yes, quartz is silicon dioxide (SiO2), sometimes called silica. In mineral classification it is a silicate mineral.
Is ore extracted from a mineral or a mineral extracted from an ore?
An ore is a rock or mineral from which a valuable metal can be obtained through refining processes.
List four steps that are required to separate an element from the ore in which it is found?
1. get a mineral 2. separate mineral from ore 3. seperater ore from mineral 4. record observation
What mineral is known as the peacock ore?
The mineral is called bornite.
Is a mineral an ore or a gem if it contains something useful and can be sold for a profit?
Actually, a mineral is an ore if it contains another mineral. It can also be sold for a profit, once the USEFUL mineral is either melted out, or drilled out. Then the left over of the ore is useless, but the mineral itself can be sold for profit purposes.
Can the classification of mineral as an ore change?
Yes! If the supply of or demand for that mineral changes.
Can the classification of a mineral as an ore changed?
Yes! If the supply of or demand for that mineral changes.
What mineral has lead ore in it?
the mineral with the ore of lead is galena
What mineral is a tin ore?
The mineral cassiterite is an ore of tin.
Is quartz a alloy?
Yes, quartz is silicon dioxide (SiO2), sometimes called silica. In mineral classification it is a silicate mineral.
Is ore extracted from a mineral or a mineral extracted from an ore?
An ore is a rock or mineral from which a valuable metal can be obtained through refining processes.
Characteristics of a mineral to an ore mineral?
A mineral that is useful and economically viable to extract and purify is an ore.
What is an unrefined mineral?
iron ore iron ore
What Minerals can be classified according to their use what classification is given to a mineral that contains a useful amount of a particular element such as iron?
A mineral that contains a useful amount of a particular element is an ore. An ore containing iron is called iron ore, such as magnetite (Fe3O4), and hematite (Fe2O3), which contain 70% iron.https://en.wikipedia.org/wiki/Iron_ore
When is a mineral no longer an ore?
When the ore is not profitable.
Is quartz a mineral or an ore?
quartz is a mineral
Is granite an ore mineral?
No, granite is not an ore mineral. Ores are the rock form of certain metals.
