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The Mining industry in India is a major economic activity which contributes significantly to the economy of India.The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production.
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management staff in the selected quarries to acquire the total cost implication of producing 1 ton of granite aggregate. The data acquired was subjected to basic economic evaluation. The results show that the monthly operation costfor Quarry A is N 30,618,000, while that of Quarry B is N10,164,000.
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