• Reserves vs Resources - New Pacific Metals

    A Mineral Reserve includes diluting materials and allowances for losses that may occur when the material is mined. Mineral Reserves are sub-divided in order of increasing confidence into Probable Mineral Reserves and Proven Mineral Reserves. Mineral Reserves are those parts of Mineral Resources which, after the application of all mining factors ...

  • Mineral resource classification - Wikipedia

    OverviewMineral reserves and ore reservesMineral resourcesSee alsoExternal links

    Mineral reserves (or ore reserves) are resources known to be economically feasible for extraction. Reserves are either Probable Reserves or Proved Reserves. A Probable Ore Reserve is the part of indicated, and in some circumstances, measured mineral resources that can be mined in an economically viable fashion. It includes diluting material and allowances for losses which may occur when the material is mined. A Probable Ore Reserve has a low

  • Wikipedia CC-BY-SA 许可下的文字
  • Classification of Mineral Resources and Reserves Geology ...

    Jun 25, 2013  Mineral Reserves. The difference between a resource and reserve boils down one thing: a feasibility study. At the very least a preliminary, or “pre-feasibility” study must be completed which takes into account the “Modifying” non-geological factors. These include technical factors include mining, processing, metallurgy.

  • Proven and Probable Mineral Reserves - Defined Mining ...

    Probable Mineral Reserve A ‘Probable Mineral Reserve’ is the economically mineable part of an Indicated and, in some circumstances, a Measured Mineral Resource demonstrated by at least a Preliminary Feasibility Study. This Study must include adequate information on mining, processing,

  • Resources and Reserves: Definitions Examples - Video ...

    Each resource - the overall quantity of something - has reserves - the part we can access with mining, drilling or other methods. Types of Resources How much of a resource is actually present?

  • Reserves vs. Resources : a primer for the lay investor by ...

    Mineral Reserves are those parts of Mineral Resources which, after the application of all mining factors, are the basis of an economically viable project after taking account of all relevant processing, metallurgical, economic, marketing, legal, environment, socio-economic and government factors.

  • Oil and Gas: Difference Between Resources and Reserves ...

    The Difference Between Resources and ReservesSubcategories of Resources and ReservesA Note on The Difference Between Resources and ReservesOil or gas resources are different from oil or gas reserves. Take note of the following definitions:Resources: The term “resources” strictly pertain to the oil and/or gas deposits that have been considered to be physically present in a geological formation using a method of exploration. However, despite this deemed presence, the term corresponds to discovered and undiscovered oil and gas/or deposits, as well as recoverable and unrecoverable capacities.Reserves: The term “reserves” is a subc
  • What are mineral resources and mineral reserves? What is ...

    “A Mineral Reserve is the economically mineable part of a Measured and/or Indicated Mineral Resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at Pre-Feasibility or Feasibility level as appropriate that include application of Modifying Factors.

  • Resources vs Reserves - Oil and Gas Authority

    Resources versus reserves 2 Note on resources versus reserves The British Geological Society report, published today provides an estimate of the gas in place in the Bowland-Hodder shale that underlies northern England. The report makes no estimate of the extent to which that gas might be recoverable. There is considerable confusion about the ...

  • Coal Terminology: Resource Reserve

    Reserve vs. ResourceResource TerminologyReserve TerminologyAdditional ConsiderationsBroadly defined the coal resource is how much coal is actually in the ground. The actual amount is of course unknown, but is estimated based on both direct measurements and inferences from geology. However the coal reserves of any particular place are defined as the amount of measured resource coal that could be expected to be economically mineable under the current economical and technological conditions. Therefore coal reserves represent a small and changeable percentage of coal resources,...
  • Resources vs Reserves - Oil and Gas Authority

    Resources versus reserves 2 Note on resources versus reserves The British Geological Society report, published today provides an estimate of the gas in place in the Bowland-Hodder shale that underlies northern England. The report makes no estimate of the extent to which that gas might be recoverable. There is considerable confusion about the ...

  • Coal Terminology: Resource Reserve

    Further Reading. Coal Resources of the United States (USGS, 1975) This is the most recent comprehensive estimate of coal total resource in the United States and includes the definitions at that time for many of the terms above. Note: Requires free DjVu viewer to read.; Coal Resource Classification System of the U.S. Geological Survey (USGS 1983) Note: Requires free DjVu viewer to read.

  • Minerals and the environment Minerals you MineralsUK

    The important point to recognise is that permitted reserves are only a small part of total resources. Relationship of reserves and resources. The ultimate fate of a mineral reserve is to be either physically worked out or to be made non-viable by changing economic, technological, environmental and/or social

  • What is the difference between a Resource vs Reserve ...

    Jun 12, 2011  Mineral resources are potentially valuable, and for which reasonable prospects exist for eventual economic extraction. Mineral reserves are valuable and legally and economically and technically ...

  • 作者: Even Keel Media
  • SAMCODES - SAMREC

    In 1994, the CMMI formed an ad-hoc International Definitions Group to create a set of international definitions for reporting Mineral Resources and Mineral Reserves with representatives from mining and metallurgical institutions from the United States (SME), Australia (AusIMM), Canada (CIM), the United Kingdom (IMM) and South Africa (SAIMM).

  • CIM DEFINITION STANDARDS - For Mineral Resources and ...

    establish definitions and guidance on the definitions for mineral resources, mineral reserves, and mining studies used in Canada. The Mineral Resource, Mineral Reserve, and Mining Study definitions are incorporated, by reference, into National Instrument 43-101 – Standards of ...

  • Resources and Reserves - CliffsNotes

    Reserves are that subgroup of a resource that have been discovered, have a known size, and can be extracted at a profit. For example, of the world's estimated oil resource of three trillion barrels, the world's reserves are estimated at about a third of that amount. Factors that affect profitability include the demand, market price, mining ...

  • » Mineral Resource Reporting – Differences between CIM ...

    The CIM Definition Standards on Mineral Resources and Reserves introduced definitions and guidance for the public disclosure of mineral resources and mineral reserves and mining studies used in Canada by Canadian public reporting mining companies, whether

  • The World's Oil Supplies: Total Resources Versus Reserves ...

    Oct 17, 2016  Oil resources and reserves are two very different things. The media and politicians often toss the two terms about interchangeably. It is hard to critically analyze information about our oil situation when you do not know the scientific meanings of these two terms. Learn what they actually mean so that you can laugh at the political bickering.

  • Canadian Mineral Resource and Mineral Reserve Definitions

    May 10, 2014  The Mineral Resource, Mineral Reserve, and Mining Study definitions are incorporated, by reference, into National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). The CIM Definition Standards were initially approved by CIM Council in August 20, 2000 and after various CIM Committees compiled and published more ...

  • Oil and Gas Difference Between Resources and Reserves

    MORE DETAILS: Reserves vs Resources a primer for the lay investor by. Reserves vs Resources a primer for the lay investor Mineral Reserves are those parts of Mineral Resources which after the application of all mining factors are the basis of an economically viable project after taking account of all relevant processing metallurgical economic marketing legal environment socioeconomic and ...

  • Mineral resource estimation - Wikipedia

    A probable mineral reserve is the economically mineable part of an Indicated and, in some circumstances, a Measured 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 ...

  • Reserve vs occurrence - Energy Education

    Both the terms occurrence and reserve refer to some amount of a resource, however, the ideas are fundamentally different.Primary fuels such as coal, oil, natural gas, and uranium are materials that occur on the Earth, and have associated occurrences and reserves.However, flows in nature like wind, solar and hydro only have associated occurrences, and no reserves as there is no "stockpile" of them.

  • 10 Countries With The Most Natural Resources

    10: Australia . Australia earns $19.9 trillion U.S. dollars from mining, and it is number 10 on the list. Australia is known for its large reserves of coal, timber, copper, iron ore, nickel, oil ...

  • Oil and Gas Difference Between Resources and Reserves

    MORE DETAILS: Reserves vs Resources a primer for the lay investor by. Reserves vs Resources a primer for the lay investor Mineral Reserves are those parts of Mineral Resources which after the application of all mining factors are the basis of an economically viable project after taking account of all relevant processing metallurgical economic marketing legal environment socioeconomic and ...

  • Mineral resource estimation - Wikipedia

    A probable mineral reserve is the economically mineable part of an Indicated and, in some circumstances, a Measured 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 ...

  • Reserve vs occurrence - Energy Education

    Both the terms occurrence and reserve refer to some amount of a resource, however, the ideas are fundamentally different.Primary fuels such as coal, oil, natural gas, and uranium are materials that occur on the Earth, and have associated occurrences and reserves.However, flows in nature like wind, solar and hydro only have associated occurrences, and no reserves as there is no "stockpile" of them.

  • 10 Countries With The Most Natural Resources

    10: Australia . Australia earns $19.9 trillion U.S. dollars from mining, and it is number 10 on the list. Australia is known for its large reserves of coal, timber, copper, iron ore, nickel, oil ...

  • Analyzing the EV-to-Reserves Ratio for Tracking Miners

    Sep 16, 2015  In layman’s terms, it helps investors compare the total value of the mining business with respect to the gold reserves. Sometimes, it includes the resources that the company owns.

  • The main role of the Mining Commission for the ...

    an International Code for Mineral Resources and Reserves was renewed due to the improvements made in the definition of mining resources and mineral reserves in response to the globalization and internationalization of the mining industry and to support the credibility that must apply to public information regarding the mining assets.

  • Reserves classification systems around the world

    exploration and mining companies to attract inward investment and exploration activity. slide 3 Two international systems for classifying and reporting solid mineral reserves and resources • Standards and Codes developed by ... • Resources and reserves are the principal assets of

  • Russian Reserves Resources Reporting System ...

    Essentially, it divides mineral concentrations into seven categories, in three major groups, based on the level of exploration performed: fully explored reserves or resources (A, B, C1), evaluated reserves or resources (C2) and prognostic resources (P1, P2, P3). Reserves and resources that can be matched to the usual international categories ...

  • Easy-to-Understand Explanation of Mineral Resources ...

    May 05, 2017  Mining stock investors, in order to make a correct value estimation of a company, must possess at least a basic understanding of what is the difference between a mineral resource and reserve and ...

  • 作者: MiningStockEducation
  • What's the difference between Resource and Reserve? - Quora

    Nov 29, 2015  Reserves Are Part of a Resource Think about getting a slice of pie when you were a kid. You only got one piece on your plate, which was a small amount compared with what you knew was in the overall pie. Yet you only had access to this one piece b...

  • Definition of reserve base - Mindat.org

    That part of an identified resource that meets specified minimum physical and chemical criteria related to current mining and production practices, including those for grade, quality, thickness, and depth. The reserve base is the in-place demonstrated (measured plus indicated) resource from which reserves

  • Principles of a Resource/Reserve Classification For Minerals

    Principles of a Resource/Reserve Classification for Minerals By the U.S. BUREAU OF MINES and the U.S. GEOLOGICAL SURVEY INTRODUCTION Through the years, geologists, mining engineers, and others operating in the minerals field have used various terms to describe and classify mineral resources, which as. defined herein include energy materials.

  • Understanding the SEC’s New Mining Disclosure Rules ...

    If mineral resources or reserves have been determined, a tabular summary of all mineral resources or reserves as of the end of the most recently completed fiscal year, presented for each class of mineral resources (measured, indicated and inferred), together with total measured and indicated mineral resources, the estimated tonnages and grades ...

  • mining resources vs reserves - tuinverlichtingbestellen.nl

    for the reporting of Mineral Resources and Ore Reserves Vienna June 2014 Karilyn Farmer France AREVA Mining Business Unit Director Data and Resources . IAEA – Vienna. 23 - 27 June, 2014 p.2 Business Group Mines Agenda Introduction Reporting Resources and Reserves - Evolution.

  • Definition of reserve base - Mindat.org

    That part of an identified resource that meets specified minimum physical and chemical criteria related to current mining and production practices, including those for grade, quality, thickness, and depth. The reserve base is the in-place demonstrated (measured plus indicated) resource from which reserves

  • What's the difference between Resource and Reserve? - Quora

    Nov 29, 2015  Reserves Are Part of a Resource Think about getting a slice of pie when you were a kid. You only got one piece on your plate, which was a small amount compared with what you knew was in the overall pie. Yet you only had access to this one piece b...

  • Understanding the SEC’s New Mining Disclosure Rules ...

    If mineral resources or reserves have been determined, a tabular summary of all mineral resources or reserves as of the end of the most recently completed fiscal year, presented for each class of mineral resources (measured, indicated and inferred), together with total measured and indicated mineral resources, the estimated tonnages and grades ...

  • Difference Between Sources and Resources Compare the ...

    Jun 22, 2012  People are another resource for development, and the population of a country is regarded as its natural resource that needs to be harnessed for development. Any organization works on the basis of its resources like men and machinery. Sources vs Resources • Source is a place or a thing for a useful entity.

  • Principles of a Resource/Reserve Classification For Minerals

    Principles of a Resource/Reserve Classification for Minerals By the U.S. BUREAU OF MINES and the U.S. GEOLOGICAL SURVEY INTRODUCTION Through the years, geologists, mining engineers, and others operating in the minerals field have used various terms to describe and classify mineral resources, which as. defined herein include energy materials.

  • mining resources vs reserves - tuinverlichtingbestellen.nl

    for the reporting of Mineral Resources and Ore Reserves Vienna June 2014 Karilyn Farmer France AREVA Mining Business Unit Director Data and Resources . IAEA – Vienna. 23 - 27 June, 2014 p.2 Business Group Mines Agenda Introduction Reporting Resources and Reserves - Evolution.

  • Mining Valuation Techniques - P/NAV, P/CF, EV/Resource

    The main mining valuation methods in the industry include price to net asset value P/NAV, price to cash flow P/CF, total acquisition cost TAC EV/Resources. The best way to value a mining asset or company is to build a discounted cash flow (DCF) model that takes into account a mine plan produced in a technical report

  • Proved Reserves - Investopedia

    Proved Reserves: A classification used in mining sectors that refers to the amount of resources that can be recovered from the deposit with a reasonable level of certainty. Proved reserves is a ...

  • Reserves and Resources: A Primer for the Lay Investor

    Mineral Reserves are sub-divided in order of increasing confidence into Probable Mineral Reserves and Proven Mineral Reserves. Mineral Reserves are those parts of Mineral Resources which, after the application of all mining factors, are the basis of an economically viable project after taking account of all

  • Measured vs. Indicated Resources – Do We Treat Them the ...

    Jan 19, 2016  Relationship between Mineral Reserves and Mineral Resources (CIM Definition Standards). Payback Period and Measured Resource In my past experience with feasibility studies, some people applied a rule-of-thumb that the majority of the tonnage mined during the payback period must consist of Measure resource (i.e. Proven reserve).

  • What is the difference between mineral reserves and ...

    A. G. Journel has written: 'Evaluation of mineral reserves' -- subject(s): Mines and mineral resources, Mining geology, Statistical methods, Valuation Load More

  • Most Gold For The Buck - Gold Reserves Of Major Gold ...

    Aug 07, 2012  At a valuation of $238.18 per OZ of gold reserves (pdf), Newcrest Mining is yet another cheap mega-cap gold miner. The company has Silver (59.4M ounces) and Copper (1.87B pounds) reserves as well.

  • Russian mining law, CRIRSCO, and the new Russian reporting ...

    The mining geological community Increasing involvement of international mining companies, consultants, and investors in the Russian market A need for mutual recognition of professionals of different countries, understanding of different national standards for classification and reporting of reserves and resources, improving transparency and

  • Financial reporting in the mining industry International ...

    companies in the mining sector. The debate about specific guidance for exploration, evaluation, development and production of mineral resources continues. This publication does not describe all IFRSs applicable to mining entities but focuses on those areas that are of most interest to companies in the sector. The ever-changing