Q1: What is a mineral reserve?
A mineral reserve is a part of the reserve base that can be economically extracted or
produced to be mineable at the time of determination. In which reserves include recoverable
materials, thus extractable and recoverable reserves, as reserves are “used to do things”( U.S.
Geological Survey, n.d.).
Q2: Natural Resources Canada defines primary energy in two ways.
What is the difference between the two ways?
Primary energy is the first form of a statistical energy balance before any
transformations to second or tertiary energy forms (EIA, n.d.). Natural Resources Canada defines
primary energy here, as an energy production that uses two methods, the first treats the energy
embodied in uranium as a primary energy source, thereby capturing the uranium Canada
produces and then exports. This method provides a more accurate picture of energy production in
Canada, whereas the second method treats domestic electricity production from nuclear energy
as a primary energy source, but not uranium itself. This allows Canada to export most of its
uranium production, which defines the difference between the two methods producing such
different results (Natural Resources Canada, 2022).
The difference between the two energy productions is that the first includes
uranium, and that of 2017 Canada saw a production level of 29,642 petajoules of primary energy,
where the breakdown of fuel was crude oil 32%, uranium 29%, natural gas 24%, hydro 5%, coal
4%, other renewables 3%, natural gas liquids 3%.”. but when compared do the second method