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Online Training: An introduction to the CRIRSCO family of reporting codes: 1. Introduction to Minerals Reporting and Classification of estimates

Date:
03 February 2022
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Event type:
Contributes to CPD, Course, Online Training, Virtual event
Organised by:
Geological Society Events, 2022 Year of Sustainability
Venue:
Virtual event
Event status:
EVENT OPEN

Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves by Minerals Companies - An introduction to the CRIRSCO family of reporting codes with special focus on The PERC Reporting Standard 2021

Introduction to Minerals Reporting and Classification of estimates

Course Objectives

This series of courses is intended as a general overview and refresher course for professionals who are practising, or who aspire to practice, as Competent Persons (or who provide support to Competent Persons) for the purposes of Mineral Reporting. It would also be suitable for those with a more general interest in international reporting on mineral assets, including people involved in management of mining companies and consultancies, financial advisors and investors.

Since the late 1980s, public reporting of Exploration Results, Mineral Resources and Mineral Reserves has been governed by a variety of different reporting codes and standards, including: the PERC Reporting Standard (Europe), JORC Code (Australasia); NI 43 101 legislation and CIM Definition Standards and best practice guidelines (Canada), SAMREC (South Africa), SEC Industry Guide 7 (US) and others. Since 1994, under the auspices of CRIRSCO (Committee for Mineral Reserves International Reporting Standards) there has been considerable cooperation between the main bodies involved in the development of the different codes and standards and a move towards standardisation of the definitions of key terms. This course provides an introduction to the principles underlying the reporting codes and standards with particular reference to the PERC Reporting Standard 2021. The main focus of the course is on the role and responsibilities of the Competent Person when preparing assessments and reports in compliance with the PERC Reporting Standard 2021. Reference will be made to the use of the NI 43-101 Form F1 table of contents and Table 1 checklist in the PERC Reporting Standard as a framework for preparing technical reports (The JORC Code also contains a Table 1 checklist with similar content to the one in the PERC Reporting Standard).

Module 1

Introduction to Minerals Reporting and Classification of estimates

- History of reporting codes and standards; 
- Difference between stock exchange disclosure (CRIRSCO family and stock exchange regulations) and government strategic inventories (UNFC and state regulations); 
- Risks: key examples Wall Street Crash; Poseidon Bubble; Bre-X;  
- The CRIRSCO principles and definitions; CRIRSCO Template; Figure 1 and Table 1.  
- Overview of the PERC Reporting Standard 2021 as an example of a CRIRSCO compliant reporting Standard.

Speakers

Course modules will be presented by a range of different presenters all of whom have considerable experience in assessment of and reporting on Exploration Results, Mineral Resources and Mineral Reserves

Edmund Sides (Director and Principal Consultant at Orebody Risks Limited; Chairperson PERC) will deliver this session.

Registration

This is the 1st course in a 7 part series. Delegates can either register for courses individually or for the whole series at a discounted rate. 

Registration for this session will close at 12.00 GMT on 2 February 2022 

We offer discounts on group bookings of 5 or more, please email training@geolsoc.org.uk to enquire.

The Fellow Rate also applies to members of the other PERC member organisations (EFG, IGI, IOM3, IMEB and FAMMP).  

Student Registration

Previous course speakers Alison Graham and Vicky Corcoran have kindly donated a proportion of their speaker fee to fund places for students. This has enabled the society to offer a limited number of student places at a special rate. Proof of student status required when registering at this rate.

Venue

This series of events will be held virtually over Zoom.

Contact

Please contact training@geolsoc.org.uk with any enquiries.


Register now

Registration rates

£ 60.00
£ 80.00
£ 8.00

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Training

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