Marketable Coal Reserves (CIM/JORC) and Saleable Coal Reserves (SAMREC) are the tonnage and coal quality expected to be available for sale, either in the raw ROM state
Read MoreOne of the terms of the contract is “Construction of a plant for the production of coal-chemical products”, in connection with which the Company in March 2022 acquired a
Read More2023.1.1 Marketable coal reserve represents tonnages of coal that will be available for sale, either as raw coal, or beneficiated, or otherwise enhanced coal product, where
Read MoreUSGS defines coal reserves as "the part of the coal resource that can be mined economically, at the present time, given existing environmental, legal, and technological
Read Moreexploration. The fundamental objective of coal prospecting is to discover coal resources through a search. In areas where coal mining has not been previously practiced, the
Read MoreCoal Resource and Reserve Estimation and Reporting Standard. Coal resources have been estimated for all coal seams that have reasonable prospects for eventual economic
Read MoreJapan and other Asian countries are prime destinations for Australian coal. In 2019, coal exploration expenditure was $229 million, an increase of 32 per cent on 2018 ($174
Read MoreAccurate and complete estimates of national reserves are needed to determine how long coal can continue to supply national electrical power needs, and to determine whether
Read More2013.1.1 Proved coal reserves have been assessed to demonstrate that at the time of reporting, coal mining can be justified. Proved coal reserve is the highest confidence
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