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Resource |
The amount of coal that may be present in a deposit or coalfield. This does not take into account the feasibility of mining the coal economically. Not all resources are recoverable using current technology. |
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Reserves |
Reserves can be defined in terms of proved (or measured) reserves and probable (or indicated) reserves. Probable results have been estimated with a lower degree of confidence than proved reserves. |
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Proved Reserves |
Reserves that are not only considered to be recoverable but can also be recovered economically. This means they take into account what current mining technology can achieve and the economics of recovery. Proved reserves will therefore change according to the price of coal; if the price of coal is low proved reserves will decrease. |
Afri Coal Investments (Pty) Ltd
Bulk Nationwide Coal Distribution
