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Mining yield is the rate at which miners mine ore, ice, or gas. As all mining modules mine a certain volume of ore/ice/gas in a given time, the amount of ore/ice/gas mined therefore depends on this mining rate (often quoted in m3 per minute) and on the volume of the ore/ice/gas (m3) being mined.
A note on word usage - the term "mining yield" here refers to the above definition. However, if a ship such as the Venture is shown to have a percentage bonus to mining yield, this bonus only affects ore mining.