LIGNITE RESERVES IDENTIFICATION FOR MAXIMISATION OF A MINE AND A POWER PLANT JOINT PROFITS

The methods of mineable coal reserves and mineral resources classification and reporting have been changed over the years, independently in various countries. They still have not reached the internationally valid standards despite the fact that premier mining companies carry on their mining operations worldwide. Efforts have been undertaken to develop the standardised ore and coal reserves classification among which the most successful seems to be the Australasian Joint Ore Reserves Committee (JORC) standard. The JORC code, first released in 1989 has alread