南非勘查规范SAMREC Code文档格式.docx

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南非勘查规范SAMREC Code文档格式.docx

废料,采矿作业过程中开采出来,从而形成了部分堆积

DiscardandRejectCoal

丢弃和拒绝煤是煤和/或碳质材料从采矿作业或煤加工操作与煤质参数超出当前适销的产品范围

EconomicallyMineable

矿产储备提取已被证明在一个既定的现实的假设是可行的和合理的修正因子。

FeasibilityStudy

一个全面的设计和对矿产项目,适当的评估已经取得的切实假定地质,采矿,冶金,经济,市场,法律,环境,社会,政府,工程发展的选项的成本研究,操作和所有其他的影响因素,这是充分考虑到在报告提取是相当合理的时间显示(经济可采)和因素合理作为最终决策的支持者或金融机构入手,依据或融资,项目的开发。

本研究的总体信心应说明。

LifeofMinePlan

一个与现有的操作中,适当的评估已经取得的切实假定地质,采矿,冶金,经济,市场,法律,环境,社会,政府,工程成本的研究设计,操作和所有其他的影响因素,这是足够详细的报告,认为在提取是相当合理的时间显示。

License,Permit,Leaseorothersimilarentitlement

Anyformoflicense,permit,lease,includingneworoldorderrightsorotherentitlementgrantedbytherelevantGovernmentinaccordancewithitsmininglegislationthatconfersontheholdercertainrightstoexploreforand/orextractmineralsthatmightbecontainedinthedesignatedarea.Alternatively,anyformofownershiptitlethatmayproveownershipoftheminerals.

Mineable

Thosepartsoftheorebody,botheconomicanduneconomic,thatareextractedduringthenormalcourseofmining.

MineDesign

Aframeworkofminingcomponentsandprocessestakingintoaccountsuchaspectsasminingmethodsused,accesstotheorebody,personnelandmaterialhandling,ventilation,water,power,andothertechnicalrequirements,suchthatmineplanningcanbeundertaken.

MinePlanning

Productionplanningandscheduling,withintheMineDesign,canbeundertaken,takingintoaccountsuchaspectsasgeologicalstructuresandmineralizationandassociatedinfrastructureandconstraints.

ModifyingFactors

“ModifyingFactors’includesmining,metallurgical,economic,marketing,legal,environmental,socialandgovernmentalconsiderations.

OreReserves

AlthoughthetermMineralReserveisusedthroughoutthisCode,itisrecognisedthatthetermOreReserveisstillingeneraluse.ForthepurposesofreportingundertheSAMRECCode,thesetermsareconsideredtobesynonymous.

Pre-FeasibilityStudy

Acomprehensivestudyofarangeofoptionsfortheviabilityofamineralprojectthathasadvancedtoastagewherethepreferredminingmethod,inthecaseofundergroundminingorthepitconfigurationinthecaseofanopenpithasbeenestablishedandwhereaneffectivemethodofmineralprocessinghasbeendetermined.Itincludesafinancialanalysisbasedonrealisticallyassumedassumptionsoftechnical,engineering,operating,economicfactorsandtheevaluationofotherrelevantfactorswhicharesufficientforaCompetentPerson,actingreasonably,todetermineifallorpartoftheMineralResourcemaybeclassifiedasaMineralReserve.Theoverallconfidenceofthestudyshouldbestated.APre-feasibilityStudyisatalowerconfidencelevelthanaFeasibilityStudy.

ROPO

ARecognisedOverseasProfessionalOrganisation.ThecriteriaforaROPOarethattheorganisationmust:

1.Beaself-regulatoryorganisationcoveringprofessionalsintheminingand/orexplorationindustry;

2.Admitmembersprimarilyonthebasisoftheiracademicqualificationsandexperience;

3.Requirecompliancewiththeprofessionalstandardsofcompetenceandethicsestablishedbytheorganisation;

and

4.Havedisciplinarypowers,includingthepowertosuspendorexpelamember.

5.HavebeenacceptedbySAMRECasaROPO

SAMREC

TheSouthAfricanMineralResourceCommittee

SAMVAL

TheSouthAfricanMineralAssetValuationCommittee

SSCCommittee

TheSAMREC/SAMVALCommittee

FOREWORD

1.TheSOUTHAFRICANCODEFORTHEREPORTINGOFEXPLORATIONRESULTS,

MINERALRESOURCESANDMINERALRESERVES(theSAMRECCodeortheCode)setsoutminimumstandards,recommendationsandguidelinesforPublicReportingofExplorationResults,MineralResourcesandMineralReservesinSouthAfrica.IthasbeendrawnupbytheWorkingGroupoftheSSCCommitteeunderthejointauspicesoftheSouthernAfricanInstituteofMiningandMetallurgy(SAIMM)andtheGeologicalSocietyofSouthAfrica(GSSA).TheSSCconsistsofrepresentativesoftheSAIMM,theGSSA,theSouthAfricanCouncilforNaturalScientificProfessions(SACNASP),theGeostatisticalAssociationofSouthAfrica(GASA),theSouthAfricanCouncilforProfessionalLandSurveyorsandTechnicalSurveyors(PLATO),theAssociationofLawSocietiesofSouthAfrica,theGeneralCounciloftheBarofSouthAfrica,theDepartmentofMineralsandEnergy(DME),theJSELimited(JSE),theCouncilforGeoscience,

theSouthAfricanCouncilofBanks,theMineralsBureau,theChamberofMinesofSouthAfrica(COM),andtheUniversityoftheWitwatersrand.

ThefirstversionoftheSAMRECCodewasissuedinMarch2000andadoptedbytheJSEintheirListingsRequirementslaterthatsameyear.TheCodehasbeenadoptedbytheSAIMM,theGSSA,SACNASP,ESSAandPLATO,andisbindingonmembersoftheseorganisations.ForbackgroundinformationandthehistoryofthedevelopmentoftheCodepleaserefertotheSAMRECCode,March2000.This2007editionsupersedesthefirstedition.

ConcurrentlywiththeevolutionoftheSAMRECCode,theCommitteeforMineralReservesInternationalReportingStandards(CRIRSCO),initiallyacommitteeoftheCouncilofMiningandMetallurgicalInstitutions(CMMI),has,since1994,beenworkingtocreateasetofstandardinternationaldefinitionsforthereportingofMineralResourcesandMineralReserves.

AsaresultoftheCRIRSCO/CMMIinitiative,considerableprogresshasbeenmadetowardswidespreadadoptionofgloballyconsistentreportingstandards.TheseareembodiedinsimilarCodes,guidelinesandstandardspublishedandadoptedbytherelevantprofessionalbodiesaroundtheworld.

ThedefinitionsinthiseditionoftheSAMRECCodeareeitheridenticalto,ornotmateriallydifferentfrom,thoseexistinginternationaldefinitions.

INTRODUCTION

2.TheCodeisapplicabletothereportingofallstylesofsolidmineralisationoreconomicdeposit.

Certaincommodities,namelyCoalandDiamonds,havespecificadditionalreportingrequirementsandthesearedealtwithfromClause41onwards.TheCodedoesnotapplytoOil,GasorWater.

InthissecondeditionoftheSAMRECCode,theCodeispredominantlypresentedinnormaltypeface.Definitionsarehighlightedinboldtext,andalsoformpartoftheCode.GuidelinesareinitalicsandareplacedaftertherespectiveCodeclausestoprovideassistanceandguidancetoreaderswheninterpretingtheCode.

TheSSCrecognisesthatfurtherreviewsandrevisionsoftheCodemayberequired.Additionalinformation,rules,listsandbestpracticeguidelineswillbepublishedontheSAMRECwebsitefromtimetotime,afterdueprocesshasbeenfollowed.

SCOPE

3.TheCodesetsoutarequiredminimumstandardforthePublicReportingofExplorationResults,MineralResourcesandMineralReserves.ReferencesintheCodetoPublicReportorPublicReportingpertainstothosereportsdetailingExplorationResults,MineralResourcesandMineralReservespreparedforthepurposeofinforminginvestorsorpotentialinvestorsandtheiradvisers.

AlthoughtheCodeisarequiredminimumstandardforPublicReporting,theSSCcommitteerecommendsitsadoptionasaminimumstandardforotherreporting.

PublicReportsareallreportspreparedforthepurposeofinforminginvestorsorpotentialinvestorsandtheiradvisersandincludebutarenotlimitedto:

companyannualreports,

quarterlyreportsandotherreportsincludedinJSEcirculars,orasrequiredbytheCompaniesAct.TheCodealsoappliestothefollowingreportsiftheyhavebeenpreparedforthepurposesdescribedinClause3:

environmentalstatements;

informationmemoranda;

expertreports;

technicalpapers;

websitepostings;

andpublicpresentations.

Forcompaniesissuingannualreports,orothersummaryreports,theinclusionofallmaterialinformationrelatingtoExplorationResults,MineralResourcesandMineralReservesisrecommended.Incaseswheresummaryinformationispresenteditshouldbeclearlystatedthatitisasummary,withareferenceattachedgivingthelocationoftheCode-compliantPublicReportsorPublicReportingonwhichthesummaryisbased.Companiesandotherentitiesareencouragedtoprovideinformation,whichisascomprehensiveaspossible,intheirPublicReports.

Itisrecognisedthatcompaniesmayberequiredtoissuereportsformorethanoneregulatoryjurisdiction,withdifferingcompliancestandardsascontainedinthisCode.Itisrecommendedthatsuchreportsincludeastatementalertingthereadertothis.

ReferenceintheCodeto‘documentation’pertainstointernalcompanydocumentspreparedasabasisfor,orinsupportof,aPublicReport.

Itisrecognisedthatsituationsmayarisewheresuchsupportingdocumentation,preparedbyCompetentPersonsforinternalcompanyorsimilarnon-publicpurposes,maynotspecificallybecompliantwiththeCode.Insuchsituations,itisrecommendedthatthedocumentationincludesaprominentstatementtothiseffect.

UsersoftheCode,andthosecompilingreportswhichcomplywiththeCode,shouldbeguidedbyitsintent,whichistoprovideaminimumstandardforPublicReporting,andtoensurethatsuchreportingcontainsallrelevantinformationwhichinvestorsandtheirprofessionaladviserswouldexpecttofindinthereport,forthepurposeofmakingareasonedandbalancedjudgementregardingtheExplorationResults,MineralResourcesandMineralReservesbeingreportedon.

4.TheCodetakesintoaccountissuesofaglobalnaturewhilstaddressingcertaincircumstancesuniquetoSouthAfrica.ThefollowingprinciplesshouldbeconsideredintheapplicationoftheCode:

Materiality:

APublic

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