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Satellite Imagery for the Mining Industry - Apollo Mapping

Satellite Imagery for the Mining Industry. Over the years, Apollo Mapping has established a strong working relationship with repeat clients in the mining industry by providing fast, efficient and accurate imagery services. We work with 19 imagery providers operating 54 satellite constellations from around the world to supply the most up-to-date ...

IFRS and the mining industry - IAS Plus

involves significant estimation complexities for mining companies. It also applies to joint venture interests and equity accounted investments. IAS 36 sets out significantly different guidance on identifying an asset that may be impaired and the measurement of impairment. Impairment is recognized under GAAP if an

Reserves and Resources | Lundin Mining Corporation

Underground Mineral Resources are estimated at a cut-off grade of 0.45% copper within confining grades shells of 0.40% copper. Mineral Reserves for the Candelaria open pit, Española open pit and underground for the Candelaria property are estimated at cut-off grades of 0.16%, 0.19% and 0.50% copper, respectively.

Classification of Mineral Resources and Reserves | Geology ...

Classification of Mineral Resources and Reserves. Staff @ Geology for Investors June 25, 2013 - Last Updated: January 21, 2021. 3 minutes read. In the early days of mining there were no standards for the reporting of mineral assets. …

Mineral Resource Reporting - Geological and Mining …

CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines . Prepared by the . CIM Mineral Resource & Mineral Reserve Committee . Adopted by CIM Council November 2 9, 2019 . Canadian Institute of Mining, Metallurgy and Petroleum. Suite 1250, 3500 de Maisonneuve Blvd. West Westmount, Quebec H3Z 3C1 CANADA

Estimation of Open Cut Mining Recovery and Mining …

Estimation of Open Cut Mining Recovery and Mining Dilution By Kent Bannister, ARMIT, FAusIMM (CP), CEO Kent Bannister Pty Ltd, (KBPL) Summary Loss and dilution of Mineral Resource grade occurs during mining activities. Mining Recovery and Mining Dilution estimates are a required consideration in the reporting of Ore Reserves for mineral projects.

Mining Reporting Survey 2017 - assets.kpmg

the companies surveyed as having elements of both estimation and judgment. Area Estimate only Judgment only Both Either Impairment and/or reversal of impairment 13 0 10 23 Income taxes 10 2 11 23 Reclamation and rehabilitation provisions 19 0 3 22 Mineral reserves and resources and/or LOM 11 0 10 21 Depreciation, depletion and amortization 19 0 ...

Reserves and Resources Disclosure Rules for Mining and …

2.1 Mining company reporting New reporting requirements for company level production targets and for production targets for material projects for mining companies are also proposed. The disclosure obligations are being strengthened to ensure there is greater transparency of a company's basis for longer term projections of future production.

Establishing the feasibility of your proposed mining …

resource estimate is the critical fundamental foundation of all mining projects. All work done must be compliant with the relevant code i.e. SAMREC or JORC etc. Reserve estimates The reserve estimate gives an indication of the viability of the mineral resource. Calculation of the reserves will depend on the mining method, including an estimate on

CIM Estimation of Mineral Resources and Mineral …

CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines . Prepared by the . CIM Mineral Resource and Mineral Reserve Committee (Second Draft : May 2, 2019) Suite 1250, 3500 de Maisonneuve Blvd. West Westmount, Quebec H3Z 3C1 CANADA Tel.: (514) 939-2710 Fax: (514) 939-2714

Resources & Reserves - Glencore

Resources and Mineral Reserves, adopted by CIM Council on 10 May 2014, and the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines, adopted by CIM Council on 23 November 2003, and have been compiled using geo-statistical and/or classical methods, plus economic and mining parameters appropriate to each project.

Summary of Mineable Reserves Estimate for the Silangan ...

Summary of Mineable Reserves Estimate for the Silangan Copper-Gold Project under the In-Phase Mine Plan January 11, 2022 - Philex Mining Corporation ("Philex" or the "Company") is pleased to announce the completion of the In-Phase Mine Plan feasibility study and an updated

Resources & Reserves - Glencore

Mineral Reserves, adopted by CIM Council on 10 May 2014, and the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines, adopted by CIM Council on 29 November 2019, and have been compiled using geo-statistical and/or classical methods, plus economic and mining parameters appropriate to each project.

Glossary of Mining Terms - SEC

Subsidiary company - A company in which the majority of shares (a controlling position) is held by another company. Sulphide - A compound of sulphur and some other element. Sulphide dust explosions - An underground mining hazard involving the spontaneous combustion of airborne dust containing sulphide minerals.

Ore Reserve Estimation Method

Thus, in Minnesota and Michigan the mining companies and the State tax commissions accept valuations of ore reserves based upon certain rules as …

Reserves - 12/31/20(1) - Hecla Mining Company

(3) Mineral reserves are based on $1300 gold and a US$/CAN$ exchange rate of 1:1.35. Reserve diluted to an average of 18% or 23% depending on mining method. The average cut-off grades at Casa Berardi are 0.101 oz/ton gold (3.46 g/tonne) for underground mineral reserves and 0.025 oz/ton gold (0.85 g/tonne) for open pit mineral reserves.

Technical due diligence for the mining industry

An example of the serious impact from inadequate reserve estimation is the well published Shell – Oil Reserve write downs. The Royal Dutch Petroleum Company and The Shell Transport and Trading Company announced a re-categorization …

Measured & Indicated Resources - Reserves & Resources ...

a mineral resource and reserve estimate update at Cigar Lake, which added 7.4 million pounds of proven and probable reserves Our share of measured and indicated mineral resources slightly increased from 424 million pounds U 3 O 8 at the end of 2019, to 426 million pounds at the end of 2020.

Orebody Modeling and Resource Estimation - SGS

estimation, providing these services since 1981. We have provided modeling and resource estimation solutions to companies involved in the mining of: • Gold and precious metals • Base metals • Iron ore • Coal • Uranium • Diamonds • Industrial minerals (bauxite, barite, limestone for cement, salt, sands with titanium bearing minerals,

Errors and Uncertainty in Mineral Resource and Ore …

Mineral Resources and their subsequent conversion to Ore Reserves are of key importance to mining companies. Their reliable estimation is critical to both the confidence in a feasibility study ...

Mineral Mapping, Mining, Geological Mapping | Satellite ...

Mining and Satellite Imagery. Satellite imagery and aerial photography have proven to be important tools in support of mineral exploration projects. The tools are used in a variety of ways. Firstly, they provide geologists and field crews with the …

CIM Estimation of Mineral Resources and Mineral …

CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines . Prepared by the . CIM Mineral Resource & Mineral Reserve Committee . Adopted by CIM Council November 2 9, 2019 . Canadian Institute of Mining, Metallurgy and Petroleum. Suite 1250, 3500 de Maisonneuve Blvd. West Westmount, Quebec H3Z 3C1 CANADA

Global Resources & Reserves - International Tin …

reserves. Therefore, the contained data uses the most up-to-date reported resource and reserve estimates for 338 deposits and mining districts or regions. Data sources include information publicly reported by companies, in scientific papers, …

Orebody Modelling and Mineral Resource & Ore Reserve ...

A mineral resource estimate carries out to international best practice is vital for evaluating a deposit with confidence and planning the development of a mine. We follow the principles of competency, transparency and materiality in preparing technical reports of mineral resource and reserve estimates, all is done in compliance with ...