Continued Professional Development: Reporting of Exploration results, Mineral Resources and Ore Reserves in compliance with the JORC Code.

Continued Professional Development: Reporting of Exploration results, Mineral Resources and Ore Reserves in compliance with the JORC Code.

AIG has teamed with DeRisk Geomining Consultants to produce a five-module JORC training course. The first course will be delivered in May 2020.

JORC Training

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

U.S. Securities and Exchange Commission rescinds Guide 7

Updated regulations to allow U.S. mining and exploration companies to report mineral resources resources. Competent person requirements also feature in the new rules for the first time. In October, the U.S. Securities and Exchange Commission (SEC) adopted a final rule that overhauls its existing disclosure requirements for mining company issuers. This represents the first major

AIG Professional Issues Subcommittee – Upcoming Member Survey

The AIG Professionals Subcommittee is a subcommittee of Council comprising: Wayne Spilsbury MAIG, FAusIMM (CP), PGeo Dr Julian Vearncombe BSc. PhD. FGS. FSEG. FAIG. RPGeo. Kaylene Camuti   MAIG, RPGeo Josh Leigh MAIG Dr Robert Findlay MAIG AIG’s vision statement is “The AIG will strive to be the preeminent Australian professional institute in advocacy for, and

U.S. Securities and Exchange Commission to Adopt CRIRSCO Resource and Reporting Code

The U.S. Securities and Exchange Commission (SEC) has announced a proposal to adopt CRIRSCO-compliant reporting standards for U.S. companies. CRIRSCO (the Committee for Mineral Reserves International Reporting Standards) has been lobbying the U.S. Securities and Exchange Commission (SEC) to adopt CRIRSCO reporting standards for many years.  JORC is the model on which CRIRSCO standards has

Restrictions on forward looking statements attract junior mining sector criticism

New restrictions on forward looking statements introduced by the Australian Securities and Investments Commission (ASIC) have attracted criticism by junior sector exploration and mining companies.  The Australian (16 May 2016) reported that the Association of Mining and Exploration Companies (AMEC) is preparing to appeal directly to federal Resources Minister Josh Frydenberg for intervention over the regulator’s latest

Courses for Competent Persons

There is increasing demand in the mining industry for raising the standard of JORC and NI43-101 reporting for mining projects.  Edumine offers a range of on-line and instructor led courses that help to build and refresh skills in a number of areas. Upcoming courses are relevant for anyone who has to prepare, understand, or evaluate

The Ethics Column: Lessons for Competent Persons from a Recent Federal Court Judgement

A recent judgement in a case relating to a dispute between parties involved in a Western Australian iron ore project contained several important lessons for Competent Persons preparing statements of Exploration Results, Mineral Resource and Ore Reserve estimates.  The judgement was handed down on 14th August, 2015 following hearings in the Federal Court of Australia

Asia Pacific Stock Exchange to Commence Operations in December

The Asia Pacific Stock Exchange launched a new set of listing rules last week which are specifically aimed at mining and oil and gas companies. The rules will take effect from Monday December 14. It effectively creates a new exchange for public companies a new listing venue which have operations in Asia, Australia and the

The Ethics Column: Reporting Sulphide Mineral Observations in Drilling Intersections

Exploration Results: Reporting Sulphide Mineral Observations in Drilling Intersections Correspondence has been received from members in recent weeks regarding the description and reporting of sulphide mineralisation in drilling samples. This relates, essentially, to sulphide intersections being reported without any attempt to: Describe the nature of sulphide mineral occurrence (e.g. massive, disseminated, in veins, forming veins