Date: Monday 29 October 2018
Time: 9:00am – 5:30pm
Location: Room 216, Level 2, Melbourne Convention Centre
The Joint Ore Reserves Committee (JORC) Code sets the minimum standard for public reporting of Exploration Results, Mineral Resources and Ore Reserves in Australia and New Zealand. The purpose of the code is to establish consistency in reporting of the resources and reserves of mining projects. This code is critical for investors who are looking to invest into Australian mining companies.
This workshop will run through a clear overview of these JORC Code fundamentals and implications for assessing resource value. Attendees will leave this workshop with a clear understanding of the critical differences between Inferred, Indicated, and Measured Mineral Resources, and also Probable and Proved Ore Reserves.
- Participants will learn the critical differences between Inferred, Indicated and Measured Mineral Resources, how they are estimated and what they really mean;
- Understand the fundamentals of how a Mineral Resource is converted to an Ore Reserve and what Modifying Factors are applied and why;
- Take away tools and techniques to apply rigorous assessment of data, geological and mining attributes to your prospective mining investments;
- Understand the additional requirements and guidelines from the ASX and ASIC for reporting Exploration Results, Mineral Resources, Ore Reserves and technical studies; and
- Help ensure that your investments are being made with an adequate understanding of project risk when assessing potentially high value projects.
WHO SHOULD ATTEND THE JORC FUNDAMENTALS WORKSHOP?
- Newcomers to mining investment or established investors wanting a more solid grounding in reporting standards and their implications
- Professional services managers
- Financial and Strategic Professionals who are relatively new to the mining industry and want a better understanding of the various aspects of Mineral Resources and Ore Reserves to assess when evaluating investment opportunities
AusIMM Professional Development (PD)
Attending a workshop at the International Mining and Resources Conference (IMARC) will contribute up to 7.5 hours towards your professional development (PD).
AusIMM members are encouraged to engage in ongoing professional development (PD) throughout their career. Maintaining current knowledge and skills through PD activities is key to ensuring AusIMM members continue to be the leading professionals in the global resources sector.