2015 CIM Guidance on Commodity Pricing used in Resource and Reserve Estimation and Reporting
Commodity prices are one of the most significant parameters used in the estimation of Mineral Resources and Mineral Reserves and in the economic analysis of a mineral property. This document from November 28, 2015 provides guidance on commodity pricing and cut-off grade selection.
Published on: November 28, 2015
CIM Guidance on Reasonable Prospects for Economic Extraction
This document from the CIM Reserve Definitions Committee from December 15, 2009 provides additional guidance on the “reasonable prospects for economic extraction” clause in the CIM Definition Standards and how qualified persons should determine reasonable prospects for the purposes of establishing mineral resources.
Published on: December 15, 2009