Mineral Resources


Also found in: Dictionary, Thesaurus, Wikipedia.

mineral resources

[′min·rəl ri′sȯrs·əz]
(geology)
Valuable mineral deposits of an area that are presently recoverable and may be so in the future; includes known ore bodies and potential ore.

Mineral Resources

 

the total supply of various commercial minerals suitable for both current and future use in various branches of the economy. The term is applied to various territorial units: region, country, groups of countries, entire economic systems, and the world in general. Mineral resources represent nonrenewable natural wealth, hence the ever-increasing importance of issues relating to their efficient use in the interests of development of the national economy. It is essential in this regard that deposits containing materials of value be completely worked and that losses incurred during the mining, processing, and transportation of raw materials be eliminated or minimized.

References in periodicals archive ?
Bradford, "we estimated the combined undiluted measured and indicated mineral resource at Hwini Butre and Benso to be 5.
CONTACT: Peter Soh of the Mineral Resources Alliance, 202-331-3363/
98 Million ounces JORC Compliant Mineral Resource Estimate
CONTACT: Peter Soh for the Mineral Resources Alliance, 202-331-3363/
Forward-looking statements in this news release include, among others, statements with respect to the estimation of mineral reserves and mineral resources and metallurgical recoveries; the timing and amount of estimated future production from the El Morro property; and the completion of a pre-feasibility study for Project Corridor.
The Micon 2010 Study, and the information contained herein derived therefrom, is preliminary in nature and the Micon 2010 Study includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.
Melbourne, Australia, April 8, 2011 - (ABN Newswire) - Pluton Resources Limited ("Pluton") (ASX:PLV) are pleased to announce an Indicated Mineral Resource reported in accordance with the JORC Code, for the Hardstaff Peninsula on Irvine Island incorporating the latest available Phase II drilling results.
Syrian Minister of Petroleum and Mineral Resources Sufian Allaw told SANA that the 3rd advisory meeting of Arab Ministers concerned in mineral resources affairs that was held on the sidelines of the conference approved a set of recommendations to activate the Arab cooperation in the field of mineral resources.
30% copper equivalent (CuEQ)(1) cut-off, the Pebble Deposit mineral resources are 5.
CNPC President Jiang Jiemin and the Minister of Petroleum & Mineral Resources of Syrian Arab Republic signed two agreements at Syrian Prime Minister House, namely the Refinery Cooperation Agreement Between Ministry of Petroleum & Mineral Resources of Syrian Arab Republic and CNPC International Ltd.
We need to make the ministry focus on "using Northern mineral resources to develop a sustainable Northern economy.
This press release uses the terms "inferred mineral resources," "indicated mineral resources," and "mineral resources" which are Canadian mining terms defined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resources and Mineral Reserves (the "CIM Standards").