capable of being mined, especially profitably.
Also, mineable.

1560–70; mine2 + -able

unminable, adjective
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World English Dictionary
mine2 (maɪn)
1.  a system of excavations made for the extraction of minerals, esp coal, ores, or precious stones
2.  any deposit of ore or minerals
3.  a lucrative source or abundant supply: she was a mine of information
4.  a device containing an explosive designed to destroy ships, vehicles, or personnel, usually laid beneath the ground or in water
5.  a tunnel or sap dug to undermine a fortification
6.  a groove or tunnel made by certain insects, esp in a leaf
7.  to dig into (the earth) for (minerals)
8.  to make (a hole, tunnel, etc) by digging or boring
9.  to place explosive mines in position below the surface of (the sea or land)
10.  to undermine (a fortification) by digging mines or saps
11.  another word for undermine
[C13: from Old French, probably of Celtic origin; compare Irish mein, Welsh mwyn ore, mine]

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Example sentences
The current high level of coal production is rapidly depleting easily minable coal reserves.
Although the thickness of a coal seam will vary, minable seams generally are continuous over large areas.
It was found that five of the deposits contain large magnesite blocks with sufficient chemical purity to be minable.
In some areas, housing development was adjacent to minable lands.
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