SAMREC Code definition

SAMREC Code means the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves prepared by the South African Mineral Resource Committee (SAMREC) under the Joint Auspices of the Southern African Institute of Mining and Metallurgy and the Geological Society of South Africa, as amended;

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SAMREC Code means the South African Code for reporting of Exploration Results, Mineral Resources and Mineral Reserves including the guidelines contained therein, 2016 Edition, as amended and/or supplemented from time to time.

SAMREC Code means the South African Code for Reporting of Mineral Resources and Mineral Reserves prepared by the South African Mineral Committee (SAMREC) under the auspices of the South African Institute of Mining and Metallurgy (SAIMM) as amended or supplemented;

Examples of SAMREC Code in a sentence

• The Mine Plan was prepared and updated in all respects in compliance with the SAMREC Code.

• Each MineCo is in compliance, in all material respects, with the requirements prescribed by the SAMREC Code (as in effect on the date of publication of the relevant report or information).

• Ore Reserves and Mineral Reserves, as those terms are defined in the JORC Code and the SAMREC Code, located on the Titles.

• SAMREC Code The South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (2016 Edition) as amended or replaced from time to time.

• The IRP considers the 2005 South Deep Mineral Resource and Reserve Statements to be compliant with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (the SAMREC Code, 2000), the National Instrument 43–101 and the CIM “ Estimation of Mineral Resources and Mineral Reserves – Best Practice Guidelines” (2003).” Commencing with the 2006 fiscal year, BGSA has changed its accounting policy to fully consolidate the financial results of the Joint Venture.

• To the extent there is any conflict between the requirements of the JORC Code and the SAMREC Code such that it is not possible to prepare a single calculation or report that meets the requirements of both such codes, the Manager will prepare separate calculations and reports but must provide copies of all such separate calculations and reports to all Participants.

More Definitions of SAMREC Code

SAMREC Code means the South African Code for reporting of Exploration Results, Mineral Resources and Mineral Reserves including the guidelines contained therein, as amended from time to time, the current version of which is on the website www.samcode.co.za

SAMREC Code means the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves prepared by the South African Mineral Resource Committee (SAMREC) under the joint auspices of the Southern African Institute of Mining and Metallurgy and the Geological Society of South Africa, as from time to time in effect. Tax Deduction is defined in clause 10.1(a). Tenements means the mining tenements listed in Schedule 1 to this deed applied for and granted to a Tenement Holder or its Related Entities under the Mineral Resources Act.

SAMREC Code means the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves prepared by the South African

SAMREC Code has the meaning ascribed thereto in paragraph (v)(i) of Schedule E.

SAMREC Code means the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves prepared by the South African Mineral Resource Committee (SAMREC) under the Joint Auspices of the Southern

SAMREC Code means the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves, 2016 edition, including the guidelines contained therein;