Definition of Average mine price

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TeachMeFinance.com - explain Average mine price



Average mine price

The term 'Average mine price' as it applies to the area of energy can be defined as '  The ratio of the total value of the coal produced at the mine to the total production tonnage'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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