JORC Committee invites public feedback of the draft JORC Code. The Australasian Joint Ore Reserves Committee (JORC) has released the draft JORC Code for public feedback through an online survey, seeking comment from stakeholders ahead of the final review and update of the JORC Code. The public feedback period will be open for three months,
The JORC Committee is continuing to actively engage with the market operator (ASX) and regulator (ASIC). Discussions related to specific aspects of the draft Code are progressing, to ensure alignment between all parties, before engaging with wider stakeholder groups. In parallel the Parent Bodies Joint Taskforce review of the Competent Person framework is underway and
AIG initiated a project in May 2021 to randomly assess announcements of Exploration Results, Mineral Resources and Ore Reserves released by ASX listed companies. The initial objective of the project, undertaken by AIG’s Complaints Committee, was to assess the level of JORC Code compliance by Competent Persons, and identify areas of concern that could be
A baseline study has been initiated to recommend standards and mechanisms for assessing competence for resources industry professionals acting as Competent Persons in compliance with the JORC Code. A short survey has been developed to gather information to be used in the baseline study of competence issues, being prepared `as part of the current review of the
AIG’s Code of Ethics requires all members to adhere to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code), which sets out minimum standards for public reporting of this information. The JORC Code stipulates “Public Reports of Exploration Results must contain sufficient information to allow a considered and balanced
A summary of the results of the 2021 JORC Code stakeholder consultation survey has been released. The results include an outline of the demographics of respondents as well as the major areas of concern around the content and application of the Code revealed by the survey. The report can be obtained here; http://www.jorc.org/docs/jorc-summary-paper-of-key-issues-and-work-plan.pdf Additionally, there
July – August 2021 AIG’s informative, popular and affordable JORC Code training program is again being presented through a series of webinars during July and August. (commencing 28th July). The seminars are run at times to suit attendees anywhere in the world. The webinar content is continuously updated to ensure that training benefits from attendee
Members will be aware that a review of the JORC Code is in progress. The JORC Committee are currently reviewing and assimilating information provided by a stakeholder consultation survey that formed the initial phase of the review. The AIG Complaints Committee, in parallel with the review of the Code, has commenced a review of compliance
The JORC Committee and JORC parent bodies (AIG, AusIMM and Minerals Council of Australia) are seeking a project manager to help progress the current JORC Code update. This is a key, full-time role, working with the AusIMM, MCA and AIG leadership to support and project-manage the review and deliver a set of reforms. The role
Do you have a passion for best practice in public reporting of exploration results, mineral resources and ore reserves? Expressions of interest are sought from Fellows and Members for a vacancy on the Joint Ore Reserves Committee (JORC). AIG has four representatives on the JORC Committee, responsible for representing the interests of AIG’s membership and,