Mineral Resource and Reserve Declarations and Asset Management
The Mining Advisory Services business unit can assess Mineral Resource and Reserve Statements for compliance
| Mineral Classification |
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Mineral deposits can be classified as:
Mineral Resources are further categorised based on the level of confidence into (lowest to highest):
Mineral Reserves are further categorised based on the level of confidence into (lowest to highest):
Measured Mineral Resources can be converted to Proved and/or Probable Reserves and Indicated Resources can only be converted to Probable Reserves. |
| Mineral Resource Asset Management |
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The aim of this offering is to check for compliance with an internationally recognised reporting code and declaration for Mineral Resources and Ore (Mineral) Reserves. By ensuring that the mineral assets are compliant with an internationally recognised mineral reporting code and that the assets are fairly valued, the most optimal decisions can be made regarding the future potential of the assets, specifically whether and how to proceed with the development of the mineral property. |
| The Deloitte Solution |
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| Deloitte will work with the relevant counterparts at the company or project under review to assess the level and standard of information available followed by the generation of a time line and budget for the due diligence or valuation. The review and compilation will be conducted by relevant specialists and technical experts familiar with the characteristics of the operating mine or project. |
Key Contact
Ebrahim Takolia
Consulting
Tel:- +27 (0)11 209 6493
Email:- etakolia@deloitte.co.za
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