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JORC Training

AIG is working with leading Australian geological and mining consulting practice, DeRisk Geomining Consultants, to develop an affordable, comprehensive, five module training course for resource and reserves professionals and those who make use of resource and reserve statements.

The course is designed so that all file modules may be completed, or individual models taken to meet specific gaps in personal expertise and professional experience.

The five modules will cover:

  1. Introduction to the JORC Code – how the JORC code sets out minimum standards for public reporting of exploration results, mineral resources and ore reserves and sets out sound practices for data collection, quality control and assurance, analysis and transparent, material reporting of results.
  2. A JORC Code Refresher – designed to help geoscientists responsible for public reports understand their personal responsibilities, refresh their understanding of the key requirements of the Code, how compliance is monitored and other issues central to Competent Person responsibility.
  3. Reporting Exploration Targets and Exploration Results for mineral commodities covered by the JORC Code, including the development of sound practices for collecting and assuring the quality of required information.
  4. Reporting Mineral Resources, including how the use of the Checklist of Assessment and Reporting Criteria (Table 1) included in the Code can be used as a guide to best practice data collection, analysis and material reporting of estimates.
  5. Integrating the JORC Code with ASX Rules – Compliance with the listing rules established for ASX listed companies adds requirements for public reporting that may extend what is required by the JORC Code in specific areas.

Case studies will feature extensively in the presentation of each module.

Development of the course has commenced. The first two modules are being presented in Townsville next week (29 April). The first delivery of the complete course will be in Perth, expected in the third quarter of 2019. This will be followed by regular courses in other locations throughout Australia. Delivery of the course using interactive, real-time, desktop video delivery, providing interaction between the presenter and students during each model is also being planned cater for the needs of students in rural Australia and overseas.

Feedback received from students will be used to continuously improve the quality and relevance of course content.

AIG is one of three parent bodies of the Joint Ore Reserves Committee (JORC).

The course will form a key continued professional development resource, delivered in a flexible manner, consistent with AIG’s not for profit model to ensure it is within reach of all Institute members.

Further details will be published as course development proceeds.

Queensland’s new Draft Minerals and Coal Reporting Guideline

Queensland’s new Draft Minerals and Coal Reporting Guideline is now available for consultation and feedback by industry.

The new Draft Guideline has been developed in consultation with industry.  It simplifies and streamlines industry reporting requirements, reduces reporting duplication and red-tape, and improves data quality through the use of standardised, reporting templates and units of measure.

The new Draft Guideline has been developed in consultation with industry.  It simplifies and streamlines industry reporting requirements, reduces reporting duplication and red-tape, and improves data quality through the use of standardised, reporting templates and units of measure.

Download a copy of the DRAFT Minerals and Coal Reporting Guideline here.

The new Draft Guideline lists reporting requirements that are already mandatory under existing Regulation, as well as additional information tha can be supplied and is considered good practice to report.

Throughout April and May 2019, officers from the Geological Survey of Queensland will work closely with industry to collect feedback on the draft guideline and accompanying submission templates, and make adjustments as required.

Send your feedback about the DRAFT guideline and submission templates to: geological_info@dnrme.qld.gov.au 

The Draft Guideline is an important step in enabling a future of data driven exploration, where decision making across all aspects of the mineral and coal sectors is aided by accurate, relevant, high quality data and information. Thank you for your ongoing support of the department’s work to modernise the collection of geoscience information and the reporting of activities in Queensland’s mineral and coal sectors.

Tony Knight

Chief Government Geologist 
Geological Survey of Queensland
Department of Natural Resources, Mines and Energy

SEC Acts to Modernize Resource Disclosure Standards for Mining

The Society for Mining, Metallurgy & Exploration Inc. (SME) and the National Mining Association (NMA) today issued a joint statement on the Securities and Exchange Commission’s (SEC) announcement that it has voted to adopt amendments to modernize the property disclosure requirements for mining registrants, and related guidance, under the Securities Act of 1933 and the Securities Exchange Act of 1934.

David Kanagy, SME Executive Director, said, “I am pleased with the joint work of SME and NMA on this important SEC disclosure requirement. The issuance of this new SEC rule is a long time coming. It was made possible through the efforts of many organizations and individuals dedicated to making a positive change. Much of the CRIRSCO reporting requirements adopted in the new SEC rule give the U.S. mining industry much better competitive positioning with other international reporting requirements.”

Hal Quinn, NMA president and CEO: “The SEC’s action is an important step forward in modernizing the government’s treatment of the U.S. mining industry. The changes outlined in the new rule level the playing field, modernizing regulations first conceived in the 1930s and aligning the U.S. approach with international standards, allowing disclosure of mineral resources in addition to reserves and the utilization of forward-looking market forecasts and prices. Domestic mining is already disadvantaged when compared with global competition. When it comes to permitting, other countries achieve in two to three years what takes 10 years in the U.S., providing investors little certainty. This action is a step in the right direction to return U.S. mining to global competitiveness.”

SME media release, 1 Nov 2018

Professional Reciprocity recognised for geoscientists between Australia and the Philippines

The Professional Regulatory Board of Geology which operates under the Professional Regulation Commission of the Phillippines has recognised that reciprocity exists between geoscience bodies in Australia and the Philippines. 

Accordingly, Australian geoscientists are now able to take the Philippines geologist licensure examination.

The recognition of reciprocity between the two countries follows efforts by Scott Robson, an Australian geologist resident in the Philippines to be allowed to take the licensure examination.  Mr Robson has a BSc from Monash University and his professional standing in Australia was supported by letters provided by both AIG and AusIMM.  The Professional Regulatory Board of Geology recognised that Mr Robson’s degree was equivalent to a bachelor’s degree from a Philippines university and that reciprocity on the practice of geology exists between the two countries.

The ruling is seen as establishing the opportunity for other Australian geologists to undertake the Philippines geologist licensure examination in the future.

AIG Council Meeting Summary – 3 October 2018

Council met 3rd October 2018.  The following note is a summary of the key points discussed at the meeting for the information of members, intended to promote transparent management of Institute affairs and member engagement.  These notes have been approved by Council but are not a substitute for the meeting minutes.

A number of members remain unfinancial for the 2018-2019 financial year.  This isn’t unusual for this time of year.  Reminder notices have been sent by email.  Unfinancial members have been ineligible to exercise benefits of AIG membership, including acting as a Competent Person in compliance with the JORC Code since 30 September 2018.  Members who remain unfinancial at 31 December 2018 may be required to reapply for membership. You can check whether you are currently financial using the member search facility on the AIG web site.

Council approved a revised Registered Professional Geoscientist application review process proposed by the AIG Registration Board.

AIG Student Bursary recipients for 2018 have been selected and were approved by Council.  All bursary applicants will be advised of the status of their applications (successful or unsuccessful) prior to the list of recipients for 2018 being announced.

Work has commenced on a series of short, focussed JORC Code training modules for both geoscientists and other “end-users” of public exploration results, mineral resources and ore reserves reports.  Pilot courses will be run in Townsville early in 2019.  A course explaining the role of the JORC Code and Competent Persons for early career geoscientists is also in development.  Council discussed a micro-accreditation module under which multiple, short, linked training courses can be completed towards satisfying a training objective, rather than requiring course participants to enrol in a single, long training course.  The longer-term objective is to have courses available for delivery, face to face, across Australia or on-line.  The subjects of these courses will also be expanded to cover practical skills required by early career geoscientists with time.  Member involvement in this process will be welcome.

A proposal for establishment of a Nominations Committee, to help ensure Council has the requisite skills to manage and further develop the Institute, was considered.

Council accepted Michael Edward’s resignation as Chair of AIG’s Ethics and Standards Committee, with an expression of sincere thanks to Michael for his work in this important role over a number of years.  Jacqui Coombes has agreed to replace Michael in this role.  An announcement of Jacqui’s appointment will be made shortly.

James Llorca tendered his resignation from Council.  A process to fill the casual vacancy created by James’s resignation was initiated. Council sincerely thanked James for his work in the management and development of the Institute.

Stuart Masters resigned as an AIG representative on the JORC Committee.  A process to select a new representative was initiated.

Proposed changes to AIG’s Constitution and Code of Ethics, intended to improve the fairness of AIG’s Complaints and Ethics and Standards processes were received from Ashurst, a leading, Australian, national law firm.  The proposed changes are currently being prepared for consideration and endorsement by members at an Extraordinary General Meeting, probably in early 2019.

A revised Privacy Policy, developed for AIG by Ashurst, was approved by Council and published on the AIG web site.

Council discussed the potential benefits of engaging a Chief Executive Officer to increase public representation of AIG members’ interests on professional and community issues.

Council approved AIG joining the Digital Object Identifier consortium to enable DOIs to be added to AIG publications, making them easier to search for, locate and reference, and potentially making AIG publications a more attractive platform for authors.

Andrew Waltho met with Edumine during October.  The meeting discussed how AIG members could become involved in developing training materials for delivery, globally, using Edumine’s platform and receive remuneration for their work.  The dialogue with Edumine is ongoing.

AGCC2018 will be held in Adelaide during Earth Science Week (14-19 October).  After AGCC2018, the focus will shift to AEGC2019 to be held in Perth during 2-5 September 2019.  AEGC2019, being convened jointly by ASEG, PESA and AIG, will build on the success of AEGC2018 in Sydney last February.

Any of the topics discussed in this summary may be discussed with any Council member.  Contact details appear at the back of each issue of AIG News.The next Council meeting will be held 14 November, 2018.  Papers for the meeting, including branch and committee reports, should be submitted by 24 October.

Andrew Waltho

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