The classification of mineral and energy resources and more in particular of reserves is not well developed in the SEEA-2003. Mineralogists group minerals into families based on their chemical composition. Many types of minerals and rocks exist on Earth. Mineral Resources classification, the criteria for defining such classifications are numerous. Definition: Minerals provide the material used to make most of the things of industrial- based society; roads, cars, computers, fertilizers, etc. According to the CIM standards on mineral resources and reserves, the classification of mineral resources is dependent on ‘… nature, quality, quantity and distribution of data…’ (Postle et al., 2000). This paper examines the effect of natural resources on the level of democracy in a set of countries. PRINCIPLES OF THE CLASSIFICATION SYSTEM A3 that economic extraction of a commodity is currently or potentially feasible. As a result of these complexities resource estimation is difficult and in general, only Exploration Results can be provided or an Inferred Mineral Resource estimated from surface drilling data alone. Underground development, further drilling, and probably bulk sampling will be required to delineate Indicated and Measured Resources. Minerals are solid natural substances that are made of the same material all the way through. Besides the geological or geometrical model and the sampling quality, some of the most used criteria are the distance between drill-holes (drilling mesh) and the spatial variability (variogram) of the elements The mineral is often found in the form of characteristic pink crusts called "cobalt bloom". Mineral Resources: Definition, Types, Use and Exploitation! With over 3,000 different types of minerals a system is needed to make sense of them all. Under this scheme, they are divided into classes according to their dominant anion or anionic group (e.g., halides, oxides, and sulfides). Identified resources. This section reviews several classification systems of mineral and energy resource/reserves used by countries in order to see the applicability of the SEEA-2003 classification and The mineral species erythrite (Co 3 (AsO 4) 2 •8H 2 O is a hydrous cobalt arsenate. Demand for minerals is increasing world wide as the population increases and the consumption demands of individual people increase. 3. Classification of mineral resources. ¾1971 to 1985 - JORC guidelines on classification and reporting ¾1980 - “Circular 831, Principles of a Resource/Reserve Classification of Minerals”, by US Bureau of Mines and US Geological Survey ¾1989 - First edition of JORC Code ¾1994 - First meeting of “Mineral Resources and Reserves International DOC Maps: Mines and Mineral Resources The California Department of Conservation's Division of Mine Reclamation (DMR) compiles data on the current status of mines and the commodities produced. Classification of Mineral Resources and Ore Reserves is an essential component of Resource/Reserve estimation, and is one of the most important responsibilities of the Competent Person. Mineral classification can be an organizational nightmare. Often companies adopt high standards of quality control in the early … Resources/reserves classification 18. 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