resources vs reserves in mining

Resources Vs Reserves In Mining

Mineral Estimates – Reserves vs Resources — New Pacific Metals

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.

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, socio-economic and government factors.

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.

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 ...

Resources and Reserves: Definitions & Examples Video with ...

Oct 31, 2013 · Reserves Are Part of a Resource. Many types of resources exist on Earth, like coal, oil, natural gas, sunlight, and wind. Each resource - the overall quantity of something - has reserves - the part we can access with mining, drilling or other methods.

mining resources vs reserves - tuinverlichtingbestellen.nl

Mineral Estimates – Reserves vs Resources — New Pacific Metals 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 relevant processing, …

Reserve vs occurrence - Energy Education

All reserves are part of the total occurrence, not all occurrences of resources are known reserves that can be mined—or economically feasible. Since occurrences include undiscovered fuel deposits, there is a varying level of uncertainty on the quantity of a resource, while the size of reserves can be estimated to a fairly certain degree.

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