Mineral Reserves: related pages
Mineral Resources
A mineral resource is a concentration of material, not necessarily one that is economically viable to mine.
Proven oil reserves
Oil reserves are those that are known to exist and be exploitable to a high degree of certainty.
Probable oil reserves
Unproven oil reserves which have a better than 50% chance of being technically and commercially producible.
Possible oil reserves
Oil reserves that have a significant probability of being commercially exploitable, but which can not be said to be probable.
Copyright Graeme Pietersz © 2005-2019