Mineral Resources


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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 ?
Mineral resources are not mineral reserves and do not have demonstrated economic viability.
Patel here to discuss cooperation between India and Saskatchewan in the field of geology and mineral resources.
Allaw added that he held talks with Secretary of General People's Committee for Economy, Industry and Trade, Chairman of the conference Mohammad Alhweij which included cooperation agreement draft in the fields of mineral resources, Oil and Gas.
Gippsland Director/CEO Jack Telford stated "The preparation of a Mineral Resources & Ore Reserves Report compliant with Canadian 43-101 classification will greatly assist in positioning the Company in the North American capital markets and in marketing the Company's tantalum products to North American customers, and elsewhere".
"This instruction reflects the Saudi leadership's desire to protect the Kingdom's mineral resources," he pointed out.
Changes in the national economy during the last two decades have altered the policy of the investigation of mineral resources so that only initial investigation is financed from the state budget, while the prospecting and exploration of usual mineral resources are financed by the customer, with the exception of the works related to the prospecting and exploration of new oil deposits, which are partly covered from the state budget.
Clarifying and modernizing mineral resource stewardship
Also in 1982, he became a Director of the circum-Pacific Council on Energy and Mineral Resources. He was soon widely recognized for his contributions to the International Union of Geological Sciences, the International Council of Scientific Unions, and the circum-Pacific Council on Energy and Mineral Resources, and for his achievements as Assistant Deputy Minister of Energy Mines and Resources Canada.
Mineral Resource updates for both the Leprechaun and Marathon deposits to be completed in the fourth quarter.
(3) The Mineral Resources in this press release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.
As a result of the first-half drilling, the Island mine's measured and indicated mineral resources, exclusive of mineral reserves, nearly doubled to 221,000 oz, while grades increased 40% to 8.18 g/ mt gold.
Jeddah, 01 Muharram,1440 AH, 11 September,2018 , SPA -- The Ministry of Energy, Industry and Mineral Resources held in Jeddah yesterday the Forum to explore investment opportunities for the exploitation of mineral resources in the Republic of Sudan, in the presence the Saudi Deputy Minister of Energy, Industry and Mineral Resources for Mining Affairs, Engineer Khalid bin Saleh Al-Madifar and Director-General of Authority of Geological Research in the Republic of Sudan, Dr.