The part of a mineral reserve that can be profitably exploited is called the
A)potential reserves.
B)proved reserves.
C)renewable reserves.
D)recognized reserves.

Question

Quizplus · Accepted Answer

Proved reserves refer to the part of a mineral reserve that can be economically and technically extracted with current technology and market conditions. It is the portion of the reserve that is confirmed with reasonable certainty based on geological and engineering data. This makes it the most reliable estimate of a mineral reserve that can be profitably exploited.

The Part of a Mineral Reserve That Can Be Profitably