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quarries and mines are pre-existing uses (in operation prior to enacting zoning ordinances), court-ordered, or annexed into a city. Annexation is a tool used by municipalities to gain some control over grandfathered or court-ordered quarries. The quarry operator usually pays rent or a per-ton royalty to the municipality. Figure 1.

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Jul 13, 2016· Perhaps you are skeptical. Would you not expect the purchase prices (aka fair market value) of three limestone quarries each producing and selling approximately one million tons of construction aggregates to be similar? The actual results may surprise you. The individual quarry values shown in Figure 1 ranged from a high of $24.89 per ton sold to a low of $7.82 per ton sold.

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How to Calculate Limestone Gravel Estimate By Mike Schoonveld Crushed limestone is a popular material used to make roads, driveways and parking areas. Figuring the amount you need for a paving project at your home is complicated by the fact that limestone is sold by the ton, but the easiest way to measure your needs is to determine how many ...

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Valuation of Aggregate Operations for Banking Purposes (Sand and Gravel and Crushed Stone) Aggregate consists of sand and gravel and crushed stone. The principal consumers of sand and gravel and crushed stone materials are the highway and building construction industries. The principal construction uses include:

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