Ore study of economic geology, or ore genesis. The classifications below are typical. The basic extraction of ore deposits follows these steps: Ores (metals) are traded internationally and comprise a sizeable portion of international trade in raw materials both in value and volume. This is because the worldwide distribution of ores is unequal and dislocated from locations of peak demand and from smelting infrastructure. Most base metals (copper, lead, zinc, nickel) are traded internationally on the London Metal Exchange, with smaller stockpiles and metals exchanges monitored by the COMEX and NYMEX exchanges in the United States and the Shanghai Futures Exchange
Mining in North Korea handle 10 million tons of zinc ore. Conventional flotation methods are adopted to extract lead and zinc concentrates. Other products from the mine are sphalerite, chalcopyrite, and galena. In gold alone the nation is estimated to hold around 2,000 metric tonnes of reserves, which at a gold value of $1,200/ounce, would give a total worth of $84.6 billion. Other available resources include iron, with 5 billion tonnes of 50% iron-content ore in reserve, nickel, with 36,000 tonnes of the pure metal, and zinc metal, with around 21,100,000 tonnes. The Daebong Mine, located on the border of Gapsan and Woonheung in