Module 3 • Natural Resources: Mineral Resources
Student Page 3-2
The value of each mineral mined is listed below. Calculate the value of what your company has
mined.
Gold - $400,000 x _________ (number of peanuts) = $_____________
Silver - $50,000 x _________ (number of peanuts) = $_____________
Copper - $20,000 x _________ (number of peanuts) = $_____________
Coal - $10,000 x _________ (number of peanuts) = $_____________
Iron - $5,000 x _________ (number of peanuts) = $_____________
Add the totals of what your company has mined to calculate your gross profit
Gross Profit $________________
The cost of waste and to reclaim your mining site is $5,000 per peanut.
Waste (Reclamation) Cost: $5,000 x ____________ peanuts = $