Event type:
Contributes to CPD, Course, Online Training
Organised by:
Geological Society Events, Online Training
Event status:
EVENT CLOSED
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
Module 1 - Introduction to Minerals Reporting and Classification of estimates
Thursday 1 February, 16.00 GMT
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 8 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 31 January 2024
Discounts are offered to members of other PERC professional organisations (EFG, FAMMP, IGI, IMEB, IOM3) and also to members of professional organisations linked to the other CRIRSCO NROs
| Fellow |
£75 |
| Non-Fellow |
£150 |
| Other PERC Member |
£85 |
| Other CRIRSCO Member |
£100 |
| Corporate Patron |
£75 |
| Student Member |
£15 |
| Student Non-Member |
£30 |
We offer discounts on group bookings of 5 or more, please email [email protected] to enquire.
Concessions
We offer students a generous discount, please verify your student status by either registering with your student email address, or upload a photograph or your student identification/ acceptance letter.
The society offers a limited number of concessionary rates for those in financial hardship. Contact [email protected] (please note you may be required to provide details/evidence to support your application for this).
Venue
This series of events will be held virtually over Zoom at 16.00 GMT.
Contact
Please contact [email protected] with any enquiries.
Register now