Reserves and Resources
COAL RESOURCE AND RESERVE STATEMENTS FOR YEAR ENDING 31 DECEMBER 2016
On an attributable basis Yancoal’s group total year end 31 December 2016 position is as follows:
Measured, Indicated and Inferred Coal Resources are 2,879Mt (2).
Recoverable Proved and Probable Coal Reserves are 555Mt (1) (2).
Marketable Proved and Probable Coal Reserves are 402Mt (1) (2).
(1) Where required the component Coal Reserve numbers for each site making up this total have been depleted by production from the JORC report date to 31 December 2016.
(2) 2016 Coal Resources and Coal Reserves have been rounded (significant figure) by the Competent Persons in line with the JORC Code and the Yancoal Coal Resource and Reserve reporting standards to reflect the relative uncertainty of the estimates.