Order No. 40 of the Ministry of Natural Resources validating the Regulation on the classification of mineral deposits.
Country
Type of law
Regulation
Abstract
This Order establishes the basic principles for the calculation, assessment and state registration of mineral deposits according to economic value. State registration shall be compulsory for all explored mineral deposits verified by state testing. Mineral stocks shall be calculated based on the outcome of exploration practices. Classification shall be applicable to solid minerals and groundwater, which shall be classified into four categories: (a) developed reserves; (b) explored reserves; (c) approximately assessed reserves; or (d) prospected reserves.
Attached files
Web site
Date of text
Repealed
No
Source language
English
Legislation Amendment
No
Original title
Министерство Природных Ресурсов Российской Федерации Приказ от 7 марта 1997 года N 40 Об утверждении классификаций запасов полезных ископаемых.