Home > Term: pay limit
pay limit
(South Africa) Grade below which the mining of ore is considered to become unpayable. There has been much discussion about mining below the pay limit for technical reasons, as a result of taxation, or to conserve natural resources.
- Part of Speech: noun
- Industry/Domain: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
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Creator
- ed.young
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(Milwaukee, United States)