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By Hugo Melo

Application of Modifying Factors to Determine Mineral Reserves

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This presentation covers an analysis of the modifying factors, which according to the SAMREC code, are defined to include the following:

  • Mining (geotech, water, mining cost, mining recovery, dilution)
  • Metallurgical (process cost and recovery)
  • Economic (pricing, cost, revenue)
  • Marketing (demand, customers )
  • Legal (licensing, tenure, etc)
  • Environmental (EIs, EMPs)
  • Social (stakeholders, impact on communities, relocations)
  • Governmental (political, government policy, etc)