Mineral Resources definition

Mineral Resources means a concentration or occurrence of solid material of economic interest in or on the Earth’s crust in such form, grade or quality and quantity that there are reasonable prospects for economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling. Mineral resources are sub-divided, in order of increasing geological confidence, into inferred, indicated and measured categories;

Mineral Resources means measured, indicated and inferred mineral resources (or their equivalent) as defined under any Approved Standard;

Mineral Resources means a concentration or occurrence of natural, solid, inorganic or fossilized organic material in or on the earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge.

Examples of Mineral Resources in a sentence

• Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

• The permittee shall reclaim all dams, dikes, diversions, drainage channels, and impoundments unless specified as permanent structures in the Mining and Reclamation Plan approved by the Division of Mineral Resources Management which is consistent with the Ohio Administrative Code 1501:14-3-11, administered by Ohio Department of Natural Resources.

• Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies.

• Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

• The main task of the Council is to advise the Minister of Mineral Resources on occupational health and safety legislation and research outcomes focused on improving and promoting occupational health and safety in South African mines.

More Definitions of Mineral Resources

Mineral Resources means all mineral resources comprised by the Mineral Resources Act, see section 5 of the Mineral Resources Act.

Mineral Resources means a concentration or occurrence of mineral in or on the earth's crust in such form, quality and quantity that there are reasona- ble prospects for eventual economic extraction.

Mineral Resources. : means a concentration of naturally occurring minerals in or on the Earth’s crust in such form and quantity that are reasonably justified by a certain degree of confidence of geological knowledge;

Mineral Resources means a concentration or occurrence of minerals, natural solid inorganic material, or natural solid fossilized organic material including base and precious metals, coal, and industrial minerals in or on the earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge.

Mineral Resources means all mineral resources covered by the Mineral Resources Act, see section 5 of the Mineral Resources Act, unless otherwise apparent from the text.

Mineral Resources means all non-living natural non-renewable resources, including fossil fuels, metallic and non-metallic minerals.

Mineral Resources means moderately- to well-characterized ore bodies, based on test drillings which were or are yet to be the subject of a mining feasibility study, and which will or will likely be mined. They include the reserves defined above.