australia's identified mineral resources 2004 - Geoscience Australia

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AUSTRALIA’S IDENTIFIED MINERAL RESOURCES 2004 (a) the resources (published or unpublished) of operating enterprises, whether or not such operations are sustained by long- or short-term, direct or indirect, government subsidies; (b) resources in a deposit which is being developed for production (ie. where there is a corporate commitment to production); (c) undeveloped resources which are judged to be economic on the basis of a financial analysis using actual, estimated, or assumed variables – viz., the tax rate, capital and operating costs, discount rate (such as reflects the long-term bond rate), commodity prices, and depreciation schedules; the values for the economic variables used in an assessment must be realistic for the circumstances prevailing at the time of the assessment; (d) resources at mines on care-and-maintenance meeting the criteria outlines in (c) above. (iv) The term ‘Recoverable resources’ is used when allowance has been made for mining as well as processing losses. ‘Mineable resources’ is used when allowance has been made for mining losses only. For coal, these terms are used differently – the term ‘Recoverable coal resources’ is used when allowance has been made for mining losses only. ‘Saleable coal’ is used when allowance has been made for mining as well as processing losses. (v) Some minerals derive their economic viability from their co-product or by-product relationships with other minerals. Such relationships and assumptions must be clearly explained in footnotes or in accompanying text. (vi) National aggregates of resource estimates should be rounded to the appropriate last significant digit, so as not to create false impressions of accuracy. REFERENCES BMR, 1976. BMR adopts new system of resource classification. Australian Mineral Industry Quarterly, 28(1), 11–13. BMR, 1984. BMR refines its mineral resource classification system. Australian Mineral Industry Quarterly, 36(3) 73–82. JORC, 1999. Australasian Code for Reporting of Mineral Resources and Ore Reserves (the JORC code). Report of the joint committee of the Australasian Institute of Mining & Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia. 16p. King, H.F., McMahon, D.W. and Bujtor, G.J., 1982. A guide to the understanding of ore reserve estimation. Australasian Institute of Mining and Metallurgy, Melbourne, 21 pp. USBM/USGS, 1980. Principles of a resource/reserve classification for minerals. US Geological Survey Circular 831, 5 pp. 84
AUSTRALIA’S IDENTIFIED MINERAL RESOURCES 2004 Appendix 3 Staff and Commodity Responsibilities: AIMR 2004 and Related Projects NATIONAL RESOURCES AND LAND USE ADVICE GROUP Name Telephone Email Commodity Ian Lambert (Leader) + 61 2 6249 9556 ian.lambert@ga.gov.au MINERAL RESOURCES AND ADVICE PROJECT Name Telephone Email Commodity Bill McKay (Leader) + 61 2 6249 9003 bill.mckay@ga.gov.au Bauxite-aluminaaluminium, phosphate, decision support Yanis Miezitis + 61 2 6249 9523 yanis.miezitis@ga.gov.au Mineral potential, decision support Subhash Jaireth + 61 2 6249 9419 subhash.jaireth@ga.gov.au Mineral potential, decision support Keith Porritt + 61 2 6249 9479 keith.porritt@.ga.gov.au Copper, diamond, shale oil, decision support Aden McKay + 61 2 6249 9230 aden.mckay@.ga.gov.au Uranium, tin, vanadium, mineral potential Yanis Miezitis + 61 2 6249 9523 yanis.miezitis@ga.gov.au Nickel, mineral sands, Roy Towner + 61 2 6249 9480 roy.towner@ga.gov.au magnesium, cobalt, rare earths, minerals promotion Ron Sait + 61 2 6249 9550 ron.sait@ga.gov.au Coal, iron ore, manganese, construction materials, offshore mineral exploration Ged Mueller + 61 2 6249 9032 ged.mueller@ga.gov.au GIS and Project Data Support Robert Allen + 61 2 6249 9162 robert.allen@ga.gov.au Information Management Trevor Page + 61 2 6249 9672 trevor.page@ga.gov.au GIS and Project Data Support MINERAL EXPLORATION PROMOTION PROJECT Name Telephone Email Commodity Mike Huleatt (Leader) 6249 9087 mike.huleatt@ga.gov.au Gold, exploration expenditure Mitch Ratajkoski + 61 2 6249 9323 mitch.ratajkoski@ga.gov.au Zinc, lead, silver, tantalum, lithium, web site development 85
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COMMODITY REVIEWS Construction of t
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