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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 ...
Quantitative mineral-resource assessments are defined as the numerical estimate of the amount, quality, and in some cases, value of undiscovered minerals (that is, metal or industrial mineral) present within a specified area (tract). Their purpose is to provide a framework for making decisions by governments or institutions concerning mineral ...
There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, [1] developed by the CRIRSCO – Committee for Mineral Reserves International Reporting Standards, like the Australian Joint Ore Reserves Committee – JORC Code 2012, [2] the Pan-European Reserves & Resources Reporting ...
The Standard is applicable to all solid mineral raw materials for which Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves is required by the relevant regulatory authorities. Solid raw materials include (but are not limited to): diamonds and other gemstones; metalliferous minerals and; industrial minerals;
Whilst the SAMREC and SAMVAL Codes adhere to similar principles, the main difference is that SAMREC focuses on resource-reserve estimation and SAMVAL on their monetary valuation. [3] The code sets forth fundamental principles that a Competent Mineral Assets Valuator (CV) should adhere to when conducting and reporting on a mineral asset valuation.
QEMSCAN is the name for an integrated automated mineralogy and petrography system providing quantitative analysis of minerals, rocks and man-made materials. QEMSCAN is an abbreviation standing for quantitative evaluation of minerals by scanning electron microscopy, and a registered trademark owned by FEI Company since 2009.
Image source: The Motley Fool. Diamondback Energy (NASDAQ: FANG) Q3 2024 Earnings Call Nov 05, 2024, 9:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Diagram as published by McKelvey in 1973 [1] Diagram as published by McKelvey in 1976 [2]. A McKelvey diagram or McKelvey box is a visual representation used to describe a natural resource such as a mineral or fossil fuel, based on the geologic certainty of its presence and its economic potential for recovery.