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What is the calculation of reserves and what is the point?
Reserve calculation refers to the process of determining the amount of mineral storage in a deposit. The significance of reserve calculations is:
1. Mineral reserves are an important basis for the evaluation of mineral resources. They are an important basis for evaluating the significance of the mineral industry and determining the scale of production, investment scale and service life of mining enterprises.
Second, the classification and grading of reserves is an important basis for measuring the degree of exploration and production readiness of mineral deposits. It is an important basis for mines to prepare exploration and production design, formulate production plans, reserve management and production technology economic management.