Provisions on Underground Mining Quasi-mining Quantity and Reserve Mining Quantity
  • Perseus Mining Updates Mineral Resources & …

    PERTH, Western Australia, Aug. 26, 2020 (GLOBE NEWSWIRE) — Perseus Mining Limited ("Perseus" or the "Company") (TSX & ASX: PRU) wishes to update estimates of…

    Get Price
  • GOVERNMnn REGULATIONS - Faolex

    That in order to exercise provisions of Article 101 of Law No.4 Year 2009 concerning Coal and Mineral Mining, it is necessary to stipulate a Govern­ ment Regulation concerning Reclamation and Post-mining; In view of: 1. Article 5 paragraph (2) of the 1945 State Consti­ tution of the Republic of Indonesia (BN No. 7137 page 1B); 2. Law NO.4 Year 2009 (BN No. 7765 pgs 7B-21B etc) concerning ...

    Get Price
  • Mining industry and sustainable development: time …

    For example, uranium mining in Niger started in the Sahara desert where no settlements existed and mining companies built the mining infrastructure from scratch. Because it was the desert, there was no population critical group to protect and, in the absence of water in the surface, mining impact was foreseen as minimal. However, in a short time, the access to water from the wells drilled by ...

    Get Price
  • Financial reporting in the mining industry International ...

    mining Financial reporting in the mining industry International Financial Reporting Standards 6th edition. International Financial Reporting Standards (IFRS) provide the basis for financial reporting to the capital markets in an increasing number of countries around the world. Over 100 countries either use or are adopting IFRS. Those companies already on IFRS have their own ...

    Get Price
  • Financial reporting in the oil and gas industry

    2.2 Reserves and resources 13 2.2.1 What are reserves and resources? 13 2.2.2 Estimation 14 2.3 Exploration and evaluation 14 2.3.1 Successful efforts and full cost methods 14 2.3.2 Accounting for E&E under IFRS 6 15 2.3.3 Initial recognition of E&E under the IFRS 6 exemption 16 2.3.4 Initial recognition under the Framework 17 Tangible / intangible classification 18 2.3.5 Subsequent ...

    Get Price
  • The Real Cost of Mining Gold | Kitco Commentary

    04/02/2015· Examples of IMP include stripping costs, underground development in advance of mining, shaft sinking or deepening, equipment replacement, and new haul roads. Cipher's research shows that Investment in Mining Property is the root of the problem with financial reporting in the gold mining industry. Since IMP uses such a significant percentage of revenue for large gold miners, we would …

    Get Price
  • How much coal is left - U.S. Energy Information ...

    Estimated recoverable reserves include only the coal that can be mined with today's mining technology after considering accessibility constraints and recovery factors. EIA estimates U.S. recoverable coal reserves at about 252 billion short tons, of which about 58% is underground mineable coal.

    Get Price
  • (PDF) SME Mining Engineering Handbook, Third …

    The majority of load haul dump vehicles, LHDs, in underground mining operations are currently powered by diesel. However, with recent advancements in battery technology it is becoming more ...

    Get Price
  • Mining Law no. 85/18.03 - FAO

    (2) For all underground potable and industrial waters, the provisions ofthis law are applied only for the prospecting, exploration, appraisal and recording ofthe reserves. ART. 3 - For the purposeofthis law the terms and the expressions herein are defined as follows: 1. Mining activity means all the work related to the prospecting, exploration,

    Get Price
  • UNDERGROUND ENVIRONMENTAL CHALLENGES IN DEEP …

    The Southern African Institute of Mining and Metallurgy Platinum 2012 177 M. Karsten, L. Mackay UNDERGROUND ENVIRONMENTAL CHALLENGES IN DEEP PLATINUM MINING AND SOME SUGGESTED SOLUTIONS M. Karsten BBE Consulting L. Mackay Impala Platinum Ltd Abstract Platinum mines in the Bushveld Complex are located in areas with a high geothermal gradient. This …

    Get Price
  • Classification of Mineral Resources and Reserves | …

    17/10/2019· 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. They also ...

    Get Price
  • U.S. Coal Reserves - U.S. Energy Information ...

    Recovery rates vary greatly between underground and surface mining.The actual proportion of coal resources that can be recovered from undisturbed deposits varies from less than 40% in some underground mines to more than 90% at some surface mines. In some underground mines, a portion of the coal is intentionally left intact as pillars to protect against surface collapse. Adverse geologic ...

    Get Price
  • LAW ON MINERALS (Revised Version) PART I GENERAL PROVISIONS

    GENERAL PROVISIONS Article 1. Purpose The Law on minerals defines the principles, regulations and measures regarding the management, protection, utilization of minerals and mineral resources and the inspection of minerals activities, with the aim of ensuring prospecting, exploration, mining and processing of minerals to have high efficiency in conjunction with environmental protection, and ...

    Get Price
  • Mining Costs - CAPEX vs. OPEX - …

    Depending on the location of the project and the type and quantity of the minerals contained within the deposit, the mining costs can vary a lot between different mining projects. In general, underground mining is more expensive than open pit mining as with open pit mining the minerals are found near the surface at a maximum of approximately 200-400 meters depth in bulk tonnage. The mining ...

    Get Price
  • LAW No. 007/2002 of JULY 11, 2002 RELATING TO THE MINING ...

    to demarcate it, and to evaluate the quality and quantity of the reserves, as well as the technical and commercial possibilities of exploiting them; 45. Mining Regulations: Set of measures implementing the provisions of the present Code, enacted by Decree of the President of the Republic; 46.

    Get Price
  • Mining Reserves | legal definition of Mining …

    The Mining Reserves are such, with respect to both quality and quantity, that the Borrower can meet his obligations under the Coal Supply Agreements.. The proven and probable open pit reserve estimate for the three pits on the project is as follows:Meadowbank Gold Project Open Pit Mining Reserves (Proven and Probable)** During 2004 the Company completed a two-phase exploration program at the ...

    Get Price
  • The Dynamics of Mineral Reserves - OECD

    Year Reserve (million tons) Mine production (million tons) Apparent reserve life 1950 91 2.38 38 1955 146 2.90 50 1960 154 3.94 39 1965 195 4.66 42 1970 280 5.90 47 World Cu Reserves & Annual Production 1950-2005 Over the last 50 years: Reserve > by factor 5 Production > by factor 7 Estimated reserves have 1975 408 6.74 61 1980 350 7.20 49 1985 ...

    Get Price
  • How much coal is left - U.S. Energy Information ...

    Estimated recoverable reserves include only the coal that can be mined with today's mining technology after considering accessibility constraints and recovery factors. EIA estimates U.S. recoverable coal reserves at about 252 billion short tons, of which about 58% is underground mineable coal.

    Get Price
  • LAW No. 007/2002 of JULY 11, 2002 RELATING TO THE MINING ...

    to demarcate it, and to evaluate the quality and quantity of the reserves, as well as the technical and commercial possibilities of exploiting them; 45. Mining Regulations: Set of measures implementing the provisions of the present Code, enacted by Decree of the President of the Republic; 46.

    Get Price
  • BREAK-EVEN ANALYSIS OF MINING PROJECT

    5.2.1.4 Lode wise reserve in levels 4 to 14 level in million tonne 31 5.2.1.5 Life of mine 32 5.2.1.6 Average monthly output 32 5.2.1.7 Geology of the area 32 5.2.1.8 Level wise reserves 33 5.2.1.9 Mechanical, electrical accessories 34 5.2.1.10 Underground method 36 5.2.1.11 Details of mining system 37 5.2.1.11.1 Machinery 37

    Get Price

CONTACT US

  • Address:

    No.416 Jianye Road, South Jinqiao Area, Pudong,Shanghai, China

  • Phone:

    +0086-21-58386256 +0086-21-58386258

  • Email:

    [email protected]