SAMREC

AcronymDefinition
SAMRECSouth African Mineral Resource Committee
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References in periodicals archive ?
The SA Investment Analysts Society and SAMREC (South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves) has recognised Gold Fields Limited (JSE, NYSE, NASDAQ Dubai: GFI), an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa, with the award for best mineral reserve and resource reporting.
IGE's resource base consists of some 8.4 million carats independently verified and an additional estimated resource base of 5.2 million carats based on IGE estimates (not SAMREC compliant).
Classification systems are being audited and the most appropriate system will be adapted, probably based on the Mineral Resources Committee (Samrec) Code.
This estimate is in accordance with the requirements of the SAMREC Code.