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Mineral Reserves are subdivided in order of increasing confidence into Probable Mineral Reserves or Proved Mineral Reserves. A Probable Mineral Reserve is the economically mineable part of an Indicated Mineral Resource, and in some circumstances, a Measured Mineral Resources. It includes diluting material and allowances for losses which may ...
PERC is a constituent member of the Committee for Mineral Reserves International Reporting Standards - CRIRSCO [6] and is the European equivalent of JORC [5] in Australasia, CIM [9] in Canada, SAMREC [10] in South Africa and similar reserves standards bodies elsewhere.
The National Instrument 43-101 requires substantially more technical disclosure to the market than the equivalent JORC Code, because the JORC Code is primarily a code for reporting the status of a mineral resource, whereas NI 43-101 is a code of securities disclosure. This distinction is based on the derivation of the two codes: the JORC Code ...
Classification and management of natural resources such as minerals and petroleum are classified using differing schemes. [4] [5] In 1997, UNECE published the United Nations Framework Classification for Reserves and Resources of Solid Fuels and Mineral Commodities (UNFC-1997) as a unifying international system for classifying solid minerals and fuels. [6]
Following the formation of a committee in 1992 by the GSSA to compile a South African Code for the reporting of mineral resources and mineral reserves, a draft was presented for discussion at the 15th Conference of the Council of Mining and Metallurgical Institutions (CMMI), at Sun City, South Africa in 1994.
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Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump's promise to slap new and potentially hefty tariffs on a wide swath of goods from countries ...