In mining, what's the difference between "Mineral Resource ...

Mar 25, 2014· And what's the difference between "Managed Resources" and "Attributable Resources"? Thanks.

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.

Definitions for mineral resources and reserves from U.S ...

Definitions for mineral resources and reserves from U.S. Department of the Interior, U.S. Geological Survey, Mineral Commodity Summaries 2001 ... Energy, Ch. 10, extension 4 Definition of resources and reserves 3 the requirements of reserves except that they …

MINERAL RESERVES, RESOURCES, RESOURCE POTENTIAL, …

MINERAL RESERVES, RESOURCES, RESOURCE POTENTIAL, AND CERTAINTY D EFINITIONS OF MINERAL RESERVES, resources, resource potential, and certainty of assessment have been adopted by the Geological Survey and U.S. Bureau of Mines to foster more uniform terminology and more accurate communica- tion. The exact nomenclature used depends on the

National and international codes for reporting mineral ...

categories of codes for reporting mineral resources and mineral reserves can thus be divided broadly into three groups, namely reporting to super-national agencies, reporting to government and reporting to investors. In the final analysis, most mineral resources might well end up to be reported in all these systems for different reasons and with

» Mineral Resource Reporting – Differences between CIM ...

Mineral Resource Reporting – Differences between CIM, JORC, and Others. by Tania Ilieva ... Russian Code for Public Reporting of Exploration Results, Mineral Resources, Mineral Reserves (NAEN Code) (2011) ... One of the main differences between the CRIRSCO Reporting Standards and the classification systems for State Regulatory purposes is ...

What is the difference between mineral reserves and ...

What is the difference between mineral reserves and mineral resources? Mineral reserves are currently economically feasible. Mineral resources are currently or potentially economically feasible.

Reserves and Resources: A Primer for the Lay Investor

Reserves and Resources: A Primer for the Lay Investor ... There is a consistent, well defined, and absolutely critical difference between Mineral Resources and Mineral Reserves as defined by various securities, ... From the CIM Standards on Mineral Resources and Reserves (2000): A Mineral Resource is a concentration or occurrence of natural, ...

explain the difference between a mineral resource and a ...

Find an answer to your question explain the difference between a mineral resource and a mineral reserve 1. Log in Join now 1. Log in Join now High School. Chemistry. 5 points Explain the difference between a mineral resource and a mineral reserve Ask for details ; Follow Report by ... Mineral reserve : The mineral resource from which a material ...

Reserve vs occurrence - Energy Education

The difference between an occurrence and a reserve can be explored using a McKelvey diagram. A simple adaption of the McKelvey box is seen in Figure 1, and it portrays information about how a resource can be classified.

Inferred vs indicated vs measured vs proven & probable ...

Jun 23, 2011· Inferred vs indicated vs measured vs proven & probable. Last post. downtown. May 24th, 2011 10:42am. ... Inferred resources are not based on any drillhole campaign and are an educated guess regarding the mineral reserves in the land base in question. Inferred resources rely on seismic data and an understanding of the geology of the area in ...

Ore deposits: Mineral Reserves, Resources and Estimation ...

Nov 05, 2014· Ore deposit is a natural concentration of one or more minerals within the host rock. 🔴 Subscribe: https://bit.ly/2xcAZYW About World Earthquakes: World Earthquakes is a non-profit, non ...

Ch 15. Mineral Resources Flashcards | Quizlet

Ch 15. Mineral Resources. Review of learning objections with selected key terms. STUDY. PLAY. Terms in this set (...) Define MINERALS and explain the difference between high-grade and low-grades ores, as well as between metallic and nonmetallic minerals. ... Distinguish between mineral reserves and mineral resources.

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

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. ... Resource. What's the difference between Resource and Reserve? Update Cancel. a d b y Z o h o. Automate your business with Zoho One. Run ...

Understanding the Major Reporting Codes for Mineral ...

Understanding the Major Reporting Codes for Mineral Resources ... differences between the major reporting codes for mineral resources ... of Identified Mineral Resources and Ore Reserves, ...

Mineral resource classification - Wikipedia

Mineral reserves are the portion of mineral resources that are economically feasible to produce and sell. Learn more about the different classifications. ... As always, do your due diligence, and remember the differences between the types of mineral estimates. Newer Post China's Thirst for Solar Power: Massive Renewable Energy Investments and ...

What is the difference between mineral reserves and ...

Oct 04, 2008· Best Answer: Mineral resource of a country (or an area) means the total available economically viable mineral stored in that country (or in the area). Mineral Reserve is the availability of a particular mineral in an occurrence, that can be economically exploited. Please remember, reserve can be of proved, estimated or probable category, depending on the degree of the intensity of geological ...

Oil and gas: Difference between resources and reserves ...

Understanding the difference between resources and reserves is critical in maintaining a classification and regulatory system in the oil and gas industry. ... Oil and gas: Difference between resources and reserves. Posted on January 25, 2018 August 2 ... The United Nation Framework Classification for Fossil Energy and Mineral Reserves or UNFC ...

What is the difference between a mineral resource and a ...

A mineral resource is a known mineral that, due to its properties, is, or may become, of potential economic interest. Once the economic value of a resource has been proven and planning permission granted for mineral extraction, it is called a mineral reserve.

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

Proven and Probable Mineral Reserves - Defined ... For Mineral Resources and Mineral Reserves The other place I thought to look was on the JORC website. This is the Australasian equivalent of NI 43-101. ... I have put together some pictures to help illustrate the difference between the two terms and when you would use each.

Minerals and the environment | Minerals & you | MineralsUK

Reserves will need to meet not only the requirements of geological certainty and economic viability but also accessibility based on legal permission to extract the mineral. The relationship between resources and reserves is shown below. The important point to recognise is that permitted reserves are only a small part of total resources.

Classification of Mineral Resources and Reserves | Geology ...

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.

What is the difference between minerals and natural resources

What is the difference between mineral reserves and mineral resources? Mineral reserves are currently economically feasible. Mineral resources are currently or potentially economically feasible.

CIM DEFINITION STANDARDS - For Mineral Resources and ...

CIM DEFINITION STANDARDS - For Mineral Resources and Mineral Reserves 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 …

What Is the Difference Between Minerals & Fossil Fuels ...

The obvious difference is the distinction between organic and inorganic substances. Scientists are able to duplicate them in a laboratory, which are called synthetics. Minerals are a renewable resource.

3.06 Mineral Resources Flashcards | Quizlet

Start studying 3.06 Mineral Resources. Learn vocabulary, terms, and more with flashcards, games, and other study tools. ... What is the difference between mineral resources and mineral reserves? ... Mineral reserves are those that are identified and can be mined profitably under current economic conditions with current technology.

What is the difference between mineral reserves and ...

What is the difference between mineral reserves and mineral resources? ... What is the difference between reserve and resource? I suggest resource goes further back than reserve. For example you ...

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

Reserves vs. Resources : a primer for the lay investor Mickey Fulp. The Mercenary Geologist. From the ... There is a consistent, well defined, and absolutely critical difference between Mineral Resources and Mineral Reserves as defined by various securities, regulatory, and taxation agencies in the English speaking world. Since we, as junior ...

THE SME GUIDE FOR REPORTING EXPLORATION RESULTS, …

Mineral Resources and Mineral Reserves for public and private purposes. In terms of the Guide, Public Reports are reports prepared for the purpose of informing investors ... To resolve the differences between the SME Guide and the U.S. SEC rules and regulations, SME opened a dialogue with the U.S. SEC in 2003, and started a

explain the difference between a mineral resource and a ...

Find an answer to your question explain the difference between a mineral resource and a mineral reserve 1. Log in Join now 1. Log in Join now High School. Chemistry. 5 points Explain the difference between a mineral resource and a mineral reserve Ask for details ... The ores of metals are generally considered to be mineral reserve. 5.0 1 vote ...