Professional Documents
Culture Documents
Estimation and Reporting of Coal Resources
Estimation and Reporting of Coal Resources
Sue Border
Principal Consultant
Tom Bradbury
Project Manager - Coal
www.geosmining.com
Key services:
Independent reports
Resources
Valuations
Exploration
Mine services
We go anywhere (except Mars)
This Talk
Will cover
– Changes, and more changes: JORC 2012, and new Australian
Coal Guidelines
– Examples of historic poor practice
– Potential effects of the changed Standards/Guidelines
– Recommendations for Improvements
Determination of cutoff
parameters and
constraints
Estimate
Resources
Resource
Reporting &
classification
Model
Handover
Why update? - Some bad apples
Spotted dogs
Prescriptive on spacing
Little guidance on how.
2014 GUIDELINES INTENT
New Guidelines:
– Much more helpful discussion
– Onus on CP to justify their decisions geologically.
Discussion of techniques very helpful
eg geostatistics, sample history, RD corrections, critical data
Reduce the current prescriptive approach
(SHOULD kill the Spotted Dog!)
Peer Review
www.geosmining.com