A deposit holds 120 million tonnes of limestone and 4 million tonnes are quarried each year. How long will it last, and what happens if the rate doubles?
- Life = reserves ÷ amount mined each year = 120 ÷ 4 = 30 years.
- If the rate doubles, the amount mined is 2 × 4 = 8 million tonnes a year.
- New life = 120 ÷ 8 = 15 years.
Answer: 30 years at the present rate; 15 years if the rate doubles.