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Natural resources are also categorized based on the stage of development: Potential resources are known to exist and may be used in the future. For example, petroleum may exist in many parts of India and Kuwait that have sedimentary rocks, but until the time it is actually drilled out and put into use, it remains a potential resource.
Potential resources: Resources that are known to exist, but have not been utilized yet. These may be used in the future. For example, petroleum in sedimentary rocks that, until extracted and put to use, remains a potential resource. Actual resources: Resources that have been surveyed, quantified and qualified, and are currently used in development.
A McKelvey diagram or McKelvey box is a visual representation used to describe a natural resource such as a mineral or fossil fuel, based on the geologic certainty of its presence and its economic potential for recovery. The diagram is used to estimate the uncertainty and risk associated with availability of a natural resource.
Water resources are natural resources of water that are potentially useful for humans, for example as a source of drinking water supply or irrigation water. These resources can be either freshwater from natural sources, or water produced artificially from other sources, such as from reclaimed water or desalinated water (). 97% of the water on Earth is salt water and only three percent is fresh ...
An abundant resource is quite similar to a perpetual resource. [15] The reserve base is the part of an identified resource that has a reasonable potential for becoming economically available at a time beyond when currently proven technology and current economics are in operation.
Marine resources include: biological diversity (marine biodiversity) ecosystem services from marine ecosystems, such as marine coastal ecosystems and coral reefs; fish and seafood; minerals (for example deep sea mining) oil and gas; renewable energy resources, such as marine energy; sand and gravel; tourism potential
Resource Holding Potential, or Resource Holding Power, is the term defining the motivation an individual has to continue to fight, work, or endure through situations that others may give up during. Animals that use RHP often evaluate the conditions of the danger they face.
Mineral Resources are further sub-divided, in order of increasing geological confidence, into inferred, indicated and measured as categories. Inferred Mineral Resource is the part of a mineral resource for which quantity, grade (or quality) and mineral content can be estimated with a low level of confidence. It is inferred from geological ...