Australian Guidelines for the estimation and classification of Coal Resources 2014 Edition

Australian Guidelines for the estimation and classification of Coal Resources 2014 Edition
New Australian Guidelines for the estimation and classification of Coal Resources 2014 Edition have now been published by the Coalfields Geology Council of New South Wales and the Queensland Resources Council following an extensive process of reviewing the former 2003 Guidelines.

The new 2014 edition of the Guidelines should now be referred to by minerals professionals working on Coal Resources estimation. The Australian Guidelines for the Estimation and Classification of Coal Resources 2014 Edition has been recognised as the successor document as published from time to time by the Coalfields Geology Council of New South Wales and the Queensland Resources Council referred to in the guidance to Clause 42:

For guidance on the estimation of Coal Resources and Reserves and on statutory reporting not primarily intended for providing information to the investing public, readers are referred to the ‘Australian Guidelines for Estimating and Reporting of Inventory Coal, Coal Resources and Coal Reserves’ or its successor document as published from time to time by the Coalfields Geology Council of New South Wales and the Queensland Resources Council. These guidelines do not override the provisions and intentions of the JORC Code for Public Reporting. Competent Persons should as always exercise their judgement in the application of these guidelines to ensure they are appropriate to the circumstances being reported. They may not be appropriate for use in all situations in Australia or overseas.

More News