Classification of Mineral Resources and Reserves | …
25-06-2013 · The terminology used to define mineral assets is divided into 2 major groups: Resources and Reserves. Figure 1. Resources and Reserves: The relationships between the five groups of mineral asset reporting. Mineral Resources. A Resource is a concentration of a minerals that has a reasonable prospect of economic extraction.
Mineral Resources and Ore Reserves - MMG
Mineral Resources and Ore Reserves underpin the enterprise value of a company and provide a basis for life of mine and annual budgets. Mineral Resources can be defined as the concentration of material of economic interest in or on the earth’s crust, whereas Ore Reserves are the parts of a Mineral Resource that can at present be economically mined.
what are the projected reserve of iron resource
MINERAL RESOURCES AND ORE RESERVES … Mineral Resource and Ore Reserve estimates for Iron Valley as at 30 June 2017 are set out below, with a comparison to 30 June 2016 figures. The estimates have been completed by MIN, the operator of the Iron … Get Price; projected reserve of iron resource . what are the projected reserve of iron resource.
Mineral Estimates – Reserves vs Resources — New …
A Mineral Reserve is 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.
Ore Reserve and Mineral Resources Statements – …
Ore Reserves are reported on a 100% basis at a A$1,600 per ounce gold price (US$1,200 at US$0.75:A$1.00) (Table 3 and Figure 4). The pit design for reporting the Gruyere Ore Reserve is unchanged from the previous Reserve statement, with the Reserve being reported from the new Resource model.
ANNUAL MINERAL RESOURCES AND ORE RESERVES UPDATE …
and update to its Mineral Resource and Ore Reserve estimates for the 2020 calendar year, ending 31 December 2019 (Table I). Table I. Total Group Mineral Resources and Ore Reserves estimates at 31 December 2019 . Description Tonnes Grade (g/t gold) Contained Gold (ounces) TOTAL MINERAL RESOURCES (1, 2) 10,935,500
Mineral resource estimation - Wikipedia
Resource estimation is used to determine and define the ore tonnage and grade of a geological deposit, from the developed block model. There are different estimation methods (see below) used for different scenarios dependent upon the ore boundaries, geological deposit geometry, grade variability and the amount of time and money available.
Resources & Reserves | OZ Minerals
28-11-2013 · A summary of OZ Minerals Resources and Reserves are presented below. OZ Minerals Prominent Hill Mineral Resource and Ore Reserve statements have been compiled in accordance with the guidelines defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code, 2012 Edition).
Resources & Reserves - Glencore
Iron Ore Iron ore Mineral Resources and Ore Reserves have been compiled in accordance with the JORC Code, unless otherwise stated in the notes for a particular Mineral Resource and Ore Reserve. Iron Ore Mineral Resources and Ore Reserves have not been re-estimated since 2015. Coal Australian, Canadian and Colombian Coal Resources and
ANNUAL MINERAL RESOURCE AND ORE RESERVE STATEMENT
The total ‘mine-claim’ ore hauled to the Nova Operation run-of-mine pad for FY17 was 0.3Mt grading 1.33% Ni, 0.55% Cu and 0.04% Co, which has been used to deplete the 30 June 2016 Ore Reserve estimate. Comparison of the FY16 and FY17 Mineral Resources and Ore Reserves
MINERAL RESOURCE AND ORE RESERVE STATEMENT AS AT 31 …
• Ore Reserves at Rosemont have increased by 117,000 ounces from the 2014 Ore Reserve net of depletion. This increase, more than replacing depletion, has been the result of improved optimisations and positive results from extensional drilling in 2015. • Recent infill drilling of known Mineral Resources has resulted inmaiden Ore Reserve
JORC : Mineral Resources and Ore Reserves
They include, but are not limited to, annual and quarterly company reports, press releases, information memoranda, technical papers, website postings and public presentations of Exploration Results, Mineral Resources and Ore Reserves estimates. The JORC Code was first published in 1989, with the most recent revision being published late in 2012.
RESOURCE/RESERVE REPORTING STANDARDS FOR MINERALS
Resource and Ore Reserve Estimates ¾Resource estimates are ESTIMATES, not calculations. New information or a different geological interpretation can materially change estimates ¾There is no single correct resource or reserve estimate for a given deposit (see later “Fish” diagram)
Ore Resources Reserve - sgtraylor.eu
Katanga Mining Announces Ore Reserves and Mineral Resources. Feb 04, 2020 · * A reconciliation table comparing the 2018 and 2019 mineral resource estimates is set out in Annexure A. Key Updates: Ore Reserves * The result of the December 31, 2019 ore reserve .
MINERAL RESOURCE AND ORE RESERVE STATEMENT AS AT 31 …
Regis Resources Limited Level 2, 516 Hay Street P 08 9442 2200 (ABN 28 009 174 761) Subiaco WA 6008 Australia F 08 9442 2290 MINERAL RESOURCE AND ORE RESERVE STATEMENT AS AT 31 MARCH 2019 HIGHLIGHTS Group Ore Reserves decreased by 1% from 4.06 million ounces to 4.03 million ounces (8% increase after accounting for mining depletion).
ANNUAL MINERAL RESOURCE AND ORE RESERVE STATEMENT
Resource and Ore Reserves estimates, as at 30 June 2016. Highlights Total Mineral Resource for the Tropicana Gold Mine (100% basis) is 7.5Moz and Ore Reserve is 2.4Moz, under the existing mining costs structure. An updated Mineral Resource and Ore Reserve is expected to be released in the December 2016 quarter as part of the Long Island study.
Katanga Mining Announces Ore Reserves and …
The ore reserve and mineral resource estimates are for KCCs entire interest in such ore reserves and mineral resources, whereas the Company owns 75% of KCC. La Générale des Carrières et des Mines (" Gécamines ") and La Société Immobilière du Congo , state-owned mining companies in the Democratic Republic of Congo , own the remaining 25% of KCC.
Endomines Ore Reserve and Mineral Resource …
Endomines Ore Reserve and Mineral Resource Estimate update ... Gold resources at the Pampalo mine and resources along the Karelian Gold Line in Finland. The Pampalo mine has been on care and maintenance since October 2018.Therefore mineral resources at Pampalo have remained unchanged.
MINERAL RESOURCE AND ORE RESERVE STATEMENT
A maiden Ore Reserve was announced on September 18, 2018 ^Cardinal Namdini Pre-Feasibility Study 4.76 Moz Ore Reserve _ and updated on April 3, and April 18, 2019 ^ ardinal’s Namdini Ore Reserve Now 5.1Moz“ and “Addendum to Namdini Ore Reserve Press Release ^. There was no Ore Reserve as at June 30, 2018. Mineral Resources