Who reads your Ore Reserve statement and why?
Ore Reserve is a critically important term used throughout the minerals industry.
Defined in the JORC Code1 as 'the economically mineable part of a Measured and/or Indicated Mineral Resource', it includes an estimate of tonnes and grade (or quality) at a project or operating mine. But this important set of numbers is much more than this, and means very different things to different stakeholders.
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