Economic geology
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Economic geology is concerned with earth materials that can be used for economic and/or industrial purposes. These materials include precious and
base metal A base metal is a common and inexpensive metal, as opposed to a precious metal such as gold or silver. In numismatics, coins often derived their value from the precious metal content; however, base metals have also been used in coins in the past ...
s, nonmetallic minerals and construction-grade stone. Economic geology is a subdiscipline of the geosciences; according to Lindgren (1933) it is “the application of geology”. Today, it may be called the scientific study of the Earth's sources of mineral raw materials and the practical application of the acquired knowledge. The term commonly refers to metallic mineral deposits and mineral resources. The techniques employed by other earth science disciplines (such as
geochemistry Geochemistry is the science that uses the tools and principles of chemistry to explain the mechanisms behind major geological systems such as the Earth's crust and its oceans. The realm of geochemistry extends beyond the Earth, encompassing th ...
,
mineralogy Mineralogy is a subject of geology specializing in the scientific study of the chemistry, crystal structure, and physical (including optical) properties of minerals and mineralized artifacts. Specific studies within mineralogy include the proce ...
,
geophysics Geophysics () is a subject of natural science concerned with the physical processes and physical properties of the Earth and its surrounding space environment, and the use of quantitative methods for their analysis. The term ''geophysics'' so ...
,
petrology Petrology () is the branch of geology that studies rocks and the conditions under which they form. Petrology has three subdivisions: igneous, metamorphic, and sedimentary petrology. Igneous and metamorphic petrology are commonly taught together ...
,
paleontology Paleontology (), also spelled palaeontology or palæontology, is the scientific study of life that existed prior to, and sometimes including, the start of the Holocene epoch (roughly 11,700 years before present). It includes the study of fossi ...
and
structural geology Structural geology is the study of the three-dimensional distribution of rock units with respect to their deformational histories. The primary goal of structural geology is to use measurements of present-day rock geometries to uncover informati ...
) might all be used to understand, describe, and exploit an ore deposit. Economic geology is studied and practiced by geologists. Economic geology may be of interest to other professions such as engineers, environmental scientists, and conservationists because of the far-reaching impact that
extractive industries Extractivism is the process of extracting natural resources from the Earth to sell on the world market. It exists in an economy that depends primarily on the extraction or removal of natural resources that are considered valuable for exportation w ...
have on society, the economy, and the environment.


Purpose of studies

The purpose of the study of economic geology is to gain understanding of the
genesis Genesis may refer to: Bible * Book of Genesis, the first book of the biblical scriptures of both Judaism and Christianity, describing the creation of the Earth and of mankind * Genesis creation narrative, the first several chapters of the Book of ...
and localization of ore deposits plus the minerals associated with ore deposits. Though metals, minerals and other geologic commodities are non-renewable in human time frames, the impression of a fixed or limited stock paradigm of scarcity has always led to human innovation resulting in a replacement commodity substituted for those commodities which become too expensive. Additionally the fixed stock of most mineral commodities is huge (e.g., copper within the earth's crust given current rates of consumption would last for more than 100 million years.)J.E. Tilton, 2010, "Is Mineral Depletion a threat to sustainable mining?", Society of Economic Geologists Newsletter, No. 82 Nonetheless, economic geologists continue to successfully expand and define known mineral resources.


Mineral resources

Mineral resources are concentrations of minerals significant for current and future societal needs. Ore is classified as mineralization economically and technically feasible for extraction. Not all mineralization meets these criteria for various reasons. The specific categories of mineralization in an economic sense are: * ''Mineral occurrences'' or prospects of geological interest but not necessarily economic interest * ''Mineral resources'' include those potentially economically and technically feasible and those that are not * ''Ore reserves'', which must be economically and technically feasible to extract


Ore geology

Geologists are involved in the study of ore deposits, which includes the study of
ore genesis Various theories of ore genesis explain how the various types of mineral deposits form within Earth's crust. Ore-genesis theories vary depending on the mineral or commodity examined. Ore-genesis theories generally involve three components: sou ...
and the processes within the Earth's crust that form and concentrate ore minerals into economically viable quantities. Study of metallic ore deposits involves the use of
structural geology Structural geology is the study of the three-dimensional distribution of rock units with respect to their deformational histories. The primary goal of structural geology is to use measurements of present-day rock geometries to uncover informati ...
,
geochemistry Geochemistry is the science that uses the tools and principles of chemistry to explain the mechanisms behind major geological systems such as the Earth's crust and its oceans. The realm of geochemistry extends beyond the Earth, encompassing th ...
, the study of
metamorphism Metamorphism is the transformation of existing rock (the protolith) to rock with a different mineral composition or texture. Metamorphism takes place at temperatures in excess of , and often also at elevated pressure or in the presence of ch ...
and its processes, as well as understanding
metasomatism Metasomatism (from the Greek μετά ''metá'' "change" and σῶμα ''sôma'' "body") is the chemical alteration of a rock by hydrothermal and other fluids. It is the replacement of one rock by another of different mineralogical and chemical co ...
and other processes related to ore genesis. Ore deposits are delineated by
mineral exploration Mining in the engineering discipline is the extraction of minerals from underneath, open pit, above or on the ground. Mining engineering is associated with many other disciplines, such as mineral processing, exploration, excavation, geology, and ...
, which uses
geochemical Geochemistry is the science that uses the tools and principles of chemistry to explain the mechanisms behind major geological systems such as the Earth's crust and its oceans. The realm of geochemistry extends beyond the Earth, encompassing the e ...
prospecting,
drilling Drilling is a cutting process where a drill bit is spun to cut a hole of circular cross-section in solid materials. The drill bit is usually a rotary cutting tool, often multi-point. The bit is pressed against the work-piece and rotated at ...
and resource estimation via
geostatistics Geostatistics is a branch of statistics focusing on spatial or spatiotemporal datasets. Developed originally to predict probability distributions of ore grades for mining operations, it is currently applied in diverse disciplines including pe ...
to quantify economic ore bodies. The ultimate aim of this process is
mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the econom ...
.


Coal and petroleum geology

:''See main articles
Coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when ...
and
Petroleum geology Petroleum geology is the study of origin, occurrence, movement, accumulation, and exploration of hydrocarbon fuels. It refers to the specific set of geological disciplines that are applied to the search for hydrocarbons ( oil exploration). Sedim ...
The study of
sedimentology Sedimentology encompasses the study of modern sediments such as sand, silt, and clay, and the processes that result in their formation (erosion and weathering), transport, deposition and diagenesis. Sedimentologists apply their understanding of m ...
is of prime importance to the delineation of economic reserves of
petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
and
coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when ...
energy resources.


See also

* Important publications in economic geology *
Mineral economics Mineral economics is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities. Mineral economics min·rəl ‚ek·ə′näm·iksis specially ...
*
Mineral resource classification There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, developed by the CRIRSCO - Committee for Mineral Reserves International ...
* Ore *
Ore genesis Various theories of ore genesis explain how the various types of mineral deposits form within Earth's crust. Ore-genesis theories vary depending on the mineral or commodity examined. Ore-genesis theories generally involve three components: sou ...
*
Coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when ...
* *


References

* Lindgren, W., 1933. Mineral Deposits. 930 pp. McGraw-Hill, New York.
U.S. Geological Survey Circular 831, Principles of a Resource/Reserve Classification for Minerals (PDF format)
* Dill, H.G., 2010. ''The “chessboard” classification scheme of mineral deposits: Mineralogy and geology from aluminum to zirconium.'' Earth-Science Reviews Volume 100, pp. 1–420, 2010 {{Authority control