Subject Name: Mine & Mineral Economics
Time: 02:30 PM TO 05:00 PM
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Subject Code: 2182201 Date: 27/11/2019Total Marks: 70
GUJARAT TECHNOLOGICAL UNIVERSITY
BE - SEMESTER- VIII (New) EXAMINATION - WINTER 2019
Instructions:
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- Attempt all questions.
- Make suitable assumptions wherever necessary.
- Figures to the right indicate full marks.
| Q.1 | What is sampling? | MARKS | 03 |
| Q.2 | Define the royalty, taxes and duties. | 04 | |
| Q.3 | Explain various types of sampling. | 07 | |
| Q.3 | What is mine valuation? | 03 | |
| Q.4 | Write a advantage of mine valuation. | 04 | |
| Q.4 | Describe various functions of national mineral policy 2012. | 07 | |
| OR | |||
| Describe mineral resource in India. | 07 | ||
| Q.5 | Write a note on ore classification. | 03 | |
| Q.5 | Write a short note on dilution & recovery. | 04 | |
| Write down the methods of sampling (any one). | 07 | ||
| OR | |||
| Define following terms: (1) Mineral (2) Ore (3) Gangue. | 03 | ||
| Explain the procedure and precaution of sampling alluvial deposits and dumps. | 04 | ||
| Explain the different software used for Mineral Information System. | 07 | ||
| Explain the MIS. | 03 | ||
| Explain the different between Standard Cost and Future Cost in brief. | 04 | ||
| Explain the various types of reserve estimate. | 07 | ||
| OR | |||
| Write a short note on budgetary control. | 03 | ||
| Define following terms.(1) Import (2) Export. | 04 | ||
| Write a short note on Life of Mine. | 07 | ||
| What is reduction of sample? | 03 | ||
| Explain any one method of mine valuation. | 04 | ||
| Explain conservation of mineral resources, scope and their limitations. | 07 | ||
| OR | |||
| Write a note on sampling pattern. | 03 | ||
| Describe their importance and write different precautions taken for sampling. | 04 | ||
| Explain the role of mining industry in nation’s development. | 07 | ||
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