related - Mines · 2015. 2. 19. · Features of UNFC 2009 Generic and principle based Important...
Transcript of related - Mines · 2015. 2. 19. · Features of UNFC 2009 Generic and principle based Important...
Issues related to suitability and adaptability
of
UNFC 2009 classification in India
&
Roadmap for transition from UNFC 1997 to 2009.
Journey of Mineral Resource Classification in India
• Till 1980, one dimensional approach on basis ofgeologic assurance.
• 1980 to 2000 two dimensional approach(geological & techno-economic) with emphasison geological axis.
• From 2000 onwards three dimensional approachon basis UNFC 1997.
1992• Development of system started
1997
• UNFC for solid fuels and mineral commodities published
• (India adopted UNFC in 2001)
2004• UNFC extended to cover oil, natural gas and uranium
2007• Ad-hoc group for revision in UNFC
2009• UNFC 2009 Approved(Late 2009)
2010• UNFC 2009 Published
2013
• Specifications approved
• UNFC 2009 is operational
Journey of UNFC
DefinintionsClassification
Framework
Specifications
Application Rules
- Generic
- Commodity Specific (CRIRSCO, SPE)
Guidelines
Non Mandatory Guidance
Structure of UNFC 2009
Features of UNFC 2009
Generic and principle based
Important tool for harmonized generic terminology at a levelsuitable for global communication
Uses a numerical coding scheme, where quantities areclassified on basis of three fundamental criteria Economic &Social Viability (E), Field Project Status and Feasibility (F), andGeological Knowledge (G)
Each criteria is further subdivided in to categories & sub-categories: combination of these leads to formation ofclasses (codes).
UNFC – The Three criteria
Geological knowledge (G axis)
Field project status and feasibility (F axis)
Economic and social viability (E axis)
UNFC 1997 Vs 2009
• Eight primary classes, 10 codes • Six primary classes, 14 primary codes and 26 codes in subclass category
• Many new codes introduced and few old codes not available
UNFC
Classification of Frame work and Definitions
Bridging Document Bridging Document Bridging Document
Solid Mineral Specification
CRIRSCO
Petroleum Specification
PRMS
Other Aligned Systems
Generic Specifications
CRIRSCO & UNFC• CRIRSCO(Committee for Mineral Reserves International Reporting
Standards) - An international advisory body without legal authority• International Standard for reporting of Exploration Results, Mineral
Resources and Mineral Reserves• Objective- To promote best practice in the international public
reporting of Mineral Exploration Results, Mineral Resources andMineral Reserves.
• Members- Australia, Canada, Chile, Europe, UK, Russia, South Africa& United States
• Potential Members- Argentina, China, Indonesia, Mongolia, Peru,Philippines, Turkey, Scandinavia & Columbia
• Agreement with UNFC to provide commodity specific specificationsfor solid minerals
• UNFC Allows for non economic mineralization whereas CRIRSCOdoes not address all mineralisation that may be relevant to otherpurposes such as national inventories
Issues in Brief• UNFC-1997 and UNFC-2009 are not fully aligned requiring a
bridging document to be mapped to UNFC 2009 eitherdirectly or through CRIRSCO
• Major changes in the definitions• More Granularity 26 Codes than earlier 10 codes Means more confusion Requires further understanding and consultation among all
stake holders More case studies to understand the system and its
applicability Training to trainers for imparting training at grass root level• Disconnect between academia and industry as UNFC not a
part of curriculum in colleges• Non acceptance by Financial Institutions for project
financing
The Road map
• Setting up a committee to evolve a bridging document fortransiting to UNFC 2009, CRIRSCO and TAG may be associated,so that a bridging document may be approved byTAG/Bureau.
• Take up pilot projects and case studies.
• Develop training modules for UNFC 2009
• Training for the trainers
• Introduction of UNFC in the curriculum at Under Graduatelevel including Standard syllabus
• Promotion of UNFC 2009 through workshops, conferences,meetings & articles etc.
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THANK YOU FOR YOUR KIND ATTENTION