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UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC) Mücella Ersoy

UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

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Page 1: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

Mücella Ersoy

Page 2: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

CLASSIFICATION SYSTEMS

Two general groups of

classification systems

• “eastern”

• “western”

Page 3: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

CLASSIFICATION SYSTEMS

E

F G

“eastern systems”

E

F G

“western” systems

Page 4: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

(1)(1) EECCONOMİONOMİCC

(2)(2) POTPOTENTIALLYENTIALLY

EECCONOMİONOMİCC

(3)(3) INTRINSICALLY INTRINSICALLY

ECECONOMİONOMİCC

(1)(1) FEASIBILITY FEASIBILITY

STUDY & /MINING STUDY & /MINING

REPORTREPORT

(2)(2) PREFEASIBILITY PREFEASIBILITY

STUDY STUDY

(3)(3) GEOLOGICAL GEOLOGICAL

STUDYSTUDY

(1)(1) DETAILED DETAILED

EXPLORATIONEXPLORATION

(2)(2) GENEGENERALRAL

EXPLORATIONEXPLORATION

(3)(3) PROSPEPROSPECTINGCTING

(4)(4)RECONNAISSANCERECONNAISSANCE

E F GE F G

CLASSIFICATION SYSTEMS-International UNFC system

Page 5: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

Why order is in EFG?

• EFG

– Easy to memory– Economy :Primary interest to investors

Page 6: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

• Total Mineral Resources: Reserves + Remaining Resources

Reserves

Remaining / Additional Resources

CLASSIFICATION SYSTEMS-International UNFC system

Page 7: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

CLASSIFICATION SYSTEMS-International UNFC system

Total resources• In UNFC 36

classifications are available in total. 8 of them are used often.

• UNFC is not rigid system.

Page 8: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

CLASSIFICATION SYSTEMS-International UNFC system

Total Mineral Resources: Reserves+Additional or Remaining Resources

Page 9: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

• Code Term• 111 Proved Mineral Reserve• 121 & 122 Probable Mineral Reserve

• i.e: EFG:111– Economic,– Have feasibility study &/or Mining Report,– Detailed explored

Reserves

CLASSIFICATION SYSTEMS-International UNFC system

E

F

G

Page 10: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

• Code Term• 211 Feasibility Mineral Resource

• 221 & 222 Prefeasibility Mineral Resource

• 331 Measured Mineral Resource

• 332 Indicated Mineral Resource

• 333 Inferred Mineral Resource

• 334 Reconnaissance Mineral Reso.

Remaining or additional resources

CLASSIFICATION SYSTEMS-International UNFC system

E

F

G

Page 11: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

UN Framework Classification Detail Exploration/

Exploration During Exploitation

General Exploration Prospecting Reconnaissance? Ulusal Sistem

Detay Arama/ İşletme Dönemi

AramalarıGenel Arama Prospeksiyon Ön Arama ?

1 (111) (111e) (112)

2 (211) usually

1 (121) + (122) not

2 (221) + (222) re levant

(1-2) (331) (1-2) (332) (1-2) (333) ? (334)

Ekonomic Viability 1: Ekonomic 1-2: Ekonomic to Potentially EkonomicCategories: 2: Potentially Economic (Intrinsically Ekonomic)

Code: (111) ? : UndeterminedDate: April 2002

Feasibility Study and/or

Mining Report

Fizibilite Çalışması ve/veya

Madencilik

Jeolojik Rapor

Prefeasibility Study

Geolojik Study

Ön Fizibilite Çalışması

Integration of National System to UNFC

Page 12: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

CONCLUSION

Codification of UNFC• solves the previously existing semantic problems• simplify comparison of the different coal & mineral

commodities• provide short, unambiguous identification of

reserves/resources classes which facilitate computer processing of data as well as exchange of information

Page 13: UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)

• THANK YOU FOR YOUR ATTENTION

([email protected])

UNITED NATIONS FRAMEWORK CLASSIFICATION (UNFC)