mineral reserves and mineral resources

Reserves and resources - glencore.com

The South African Code for Reporting of Mineral Resources and Mineral Reserves (SAMREC code), 2007 edition (as amended July 2009) Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves (2014 edition) Petroleum Resources Management System (PRMS) for reporting oil and natural gas reserves and ...

Global Mineral Resource Assessments - USGS

The U.S. Geological Survey assesses resources (mineral, energy, water, environmental, and biologic) at regional, national, and global scales to provide science in support of land management and decision making. Mineral resource assessments provide a synthesis of available information about where mineral deposits are known and suspected to be in...

Boliden: Mineral Resources and Mineral Reserves, 2018

Feb 13, 2019· Changes in Aitik's resources and reserves since last year were minor: 38 Mtonnes was extracted, but more than half of that amount was added to the Mineral Reserve by …

Mineral Resources Program - usgs.gov

The USGS Mineral Resources Program (MRP) delivers unbiased science and information to increase understanding of ore formation, undiscovered mineral resource potential, production, consumption, and how minerals interact with the environment.

Mineral Reserves | Nevada Copper Corp.

Pumpkin Hollow Mineral Reserves. Open Pit Mineral Reserves. The current mineral resource estimate for the open pit was disclosed April 16, 2019 and the related NI 43-101 Technical Report was filed on SEDAR in April 16, 2019, with an effective date of January 21, 2019.

CIM DEFINITION STANDARDS - For Mineral Resources and ...

conversion of Mineral Resources to Mineral Reserves. A Pre-Feasibility Study is a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining,

Mineral Reserves and Resources | NorZinc Ltd.

Notes: Mineral Resources are stated as of 10 September 2015. Mineral Resources include those Resources converted to Mineral Reserves. Stated at a cut-off grade of 8% ZnEq based on prices of US$1.00/lb for both zinc and lead, and US$20/oz for silver.

Mineral Reserves and Resources (as of December 31, 2018)

Mineral Reserves and Resources (as of December 31, 2018) As at December 31, 2018, New Gold is reporting Mineral Reserves and Resources for the Company as summarized in the tables below. Mineral Reserves and Resources Summary. 1 . As at December 31, 2018 Gold koz Silver koz Copper Mlbs Proven and Probable Reserves Rainy River 4,186 12,116 -

Mineral resource classification - Wikipedia

Mineral Resources. A Resource is a concentration of a minerals that has a reasonable prospect of economic extraction. Its location, grade, quantity and continuity are reasonably known from specific geological knowledge and evidence.

Yamana Gold Inc. - Portfolio - Reserves and Resources

The term "Mineral Reserve" means the economically mineable part of a Measured or Indicated Mineral Resource demonstrated by at least a Preliminary Feasibility Study.This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified.

Mineral Reserves, Mineral Resources and Estimation

In basic terms both state that a company can't disclose their tonnes and grade of a deposit unless it's being classified either as a mineral resource or reserve. Resources become reserves as more data is required and confidence improves. Only five categories of resource and reserves are acceptable.

Mineral resources and Mineral reserves - Harmony

Gold reserve ounces at our South African operations accounted for 46% while the Papua New Guinea gold and gold equivalent ounces represented 54% of Harmony's total mineral reserves as at 30 June 2018. Mineral resources. The following table shows the year-on-year reconciliation of the mineral resources.


(1) CIM definitions were followed for classification of mineral reserves and mineral resources. Mineral resources are not mineral reserves and do not have demonstrated economic viability. (2) Mineral reserves for the Phoenix deposit are reported at the mineral resource cut-off grade of 0.8% U3O8.

Mineral Reserves and Mineral Resources - barrick.q4cdn.com

Title: Mineral Reserves and Mineral Resources Author: Barrick Gold Corporation Created Date: 20190212184000Z

What is the difference between mineral reserves and ...

Mineral reserves are currently economically feasible. Mineral resources are currently or potentially economically feasible. They both answer the question 'how much is left?' and they seek this ...

Mineral Reserves and Resources | Superior Gold Inc.

Mineral Reserves are included within the Mineral Resources. All figures are rounded and use significant figures. Subtotals, totals, and weighted averages are calculated from quantities before rounding. Mineral Reserves as at December 31, 2018 were estimated using a long term gold price of A$1,650 per ounce (US$1,217 per ounce).

Boliden: Mineral Resources and Mineral Reserves, 2018 ...

Mineral Resources and Mineral Reserves are the basis for the company's long-term planning and will be mined for many years to come. Planning prices, which are an expression of the anticipated future average prices for metals and currencies, are, therefore, primarily utilised in the estimations. Boliden currently uses the following planning prices:

Mineral Resources and Mineral Reserves

Mineral Resources and Mineral Reserves is testimony to the quality of the assets in the portfolio and is the result of a rigorous annual planning process that enforces a strong linkage between strategic, business and life-of-mine (LoM) planning that underpins alignment with Group objectives. 140.0 120.0 100.0 80.0 60.0 40.0 20.0 0

Mineral Resources and Mineral Reserves | Our business ...

Mineral Resources and Mineral Reserves. At the end of FY2016, DRDGOLD declared Mineral Resources of 50.67Moz and Mineral Reserves of 1.84Moz. On 2 February 2017, DRDGOLD announced its revised Mineral Resources and Mineral Reserve statement as at 31 December 2016, disclosing a 52.6% increase in Measured Mineral Resources and a 66.6% increase in ...

Mineral Reserves and Mineral Resources - SSR Mining Inc.

This Mineral Reserves and Mineral Resources table includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the

Mineral Resources - Types, Characteristics, Uses, and ...

The total volume of consumable minerals resources is just 1% of all the minerals present in the earth's crust. However, the consumption rate is so high that these mineral resources which are nonrenewable will get exhausted very soon. Here are some of the measures to conserve minerals: Use of minerals in a planned and sustainable manner.


1. All Mineral Reserves and Mineral Resources have been estimated in accordance with the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards for Mineral Resources and Mineral Reserves and National Instrument 43-101 – Standards for Disclosure for Mineral Projects ("NI 43-101"), or the 2012 Australasian Joint Ore ...


Nov 23, 2003· A key criterion for Mineral Reserve classification is the determination of economic viability. An important aspect of this is the practicality of the mining and processing methods proposed for the deposit. Best practice includes the use of peer reviews to test various aspects of the Mineral Reserve estimate including the inputs,

Ch 15. Mineral Resources Flashcards | Quizlet

MINERAL RESERVES are mineral deposits that have been identified and are currently profitable to extract. MINERAL RESOURCES are any undiscovered mineral deposits or known deposits of low-grade ore that are currently unprofitable to extract.

Mineral Resources: Definition ... - Your Article Library

Mineral Resources: Definition, Types, Use and Exploitation! Definition: Minerals provide the material used to make most of the things of industrial- based society; roads, cars, computers, fertilizers, etc. Demand for minerals is increasing world wide as the population increases and the consumption demands of individual people increase.

What are mineral resources and mineral reserves? What is ...

Mineral resources are generally discovered during the "exploration" phase in the mineral development process. During this phase, and the following "deposit appraisal" phase, increasingly detailed surveys and studies are carried out to identify the location, quantity, grade, geological characteristics and continuity of the mineral resource.

Mineral reserves and resources - s3-us-west-2.amazonaws.com

Mineral reserves and resources Our mineral reserves and resources are the foundation of our company and fundamental to our success. We have interests in a number of uranium properties. The tables in this section show the estimates of the proven and probable mineral reserves, and measured, indicated, and inferred mineral resources at those ...

CIM Definition Standards - For Mineral Resources and ...

Prepared by the CIM Standing Committee on Reserve Definitions Adopted by CIM Council on November 27, 2010 Foreword CIM Council, on August 20, 2000, approved the "CIM Standards on Mineral Resources and Reserves – Definitions and Guidelines," developed by the CIM Standing Committee on Reserve Definitions. The CIM Definition Standards on Mineral Resources and Reserves ...