Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.
2020525&ensp·&enspNether gold ore drops 26 gold nuggets when mined with any pickaxe. Fortune has a 33.3% chance to multiply the drops by 2, Fortune II has a 25% chance to multiply the drops by 2 or 3 and Fortune III has a 20% chance to multiply the drops by 2, 3, or 4 for a maximum possible drop of 24 golden nuggets. This makes it more efficient to mine nether gold with a Silk Touch than with Fortune III: the
2020516&ensp·&enspIron oxide copper gold ore deposits (IOCG) are important and highly valuable concentrations of copper, gold and uranium ores hosted within iron oxide dominant gangue assemblages which share a common genetic origin. These ore bodies range from around 10 million tonnes of contained ore, to 4,000 million tonnes or more, and have a grade of between 0.2% and 5% copper, with gold contents ranging