How much does it cost to mine sand and gravel?
How much does it cost to mine sand and gravel?
If there is a mineable deposit on your property that averages anywhere from 8 to 25 feet in depth of recoverable sand & gravel, your land would be hosting a deposit that is worth anywhere from $40,000 to over $120,000 per acre in royalties!
What should I do if I find gravel on my land?
50 years of farming with an average yield of $200/acre in net revenue = $10,000/acre over 50 years. If there is a mineable deposit on your property that averages anywhere from 8 to 25 feet in depth of recoverable sand & gravel, your land would be hosting a deposit that is worth anywhere from $40,000 to over $120,000 per acre in royalties!
How are gravel mines used in the military?
They were also used as a rapid-deployment area denial expedient, to provide a barrier during combat search and rescue (CSAR) operations between downed pilots or other endangered units and infantry threats.
Why was there an abandoned mine on my property?
It’s not possible, it can’t be, he kept telling to himself because he saw something which was entirely unexpected to him. He was actually standing in front of a mine and that too a mine in his own property of which he wasn’t told about. The mine was old and seemed to be an abandoned one. Should he go inside to take a look?
Who is the owner of the gravel pit?
This year, after years of being idle, the town is rebuilding my road so its being resuscitated. Here anyway, it is bought from the pit owner by the cubic yard. The loader operator (I was one for two years) has a trip meter on his loader and counts the bucket loads of gravel that go over the screen or into the trucks.
If there is a mineable deposit on your property that averages anywhere from 8 to 25 feet in depth of recoverable sand & gravel, your land would be hosting a deposit that is worth anywhere from $40,000 to over $120,000 per acre in royalties!
Can you make money from a gravel pit?
I have a gravel pit myself that is similar to what you describe, and while it is only 7 acres in size, yes I have made a little money off it over the years. It really depends on what projects people have going as to how much money can be made and if it is even wanted.
50 years of farming with an average yield of $200/acre in net revenue = $10,000/acre over 50 years. If there is a mineable deposit on your property that averages anywhere from 8 to 25 feet in depth of recoverable sand & gravel, your land would be hosting a deposit that is worth anywhere from $40,000 to over $120,000 per acre in royalties!