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 local 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 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 Indicated or Measured Ore Reserves.
- Participants will learn the critical differences between inferred, indicated and measured mineral resources, how they are measured and what they really mean;
- Understand the fundamentals of assessing how much a mineral resource should realistically be valued at;
- Take away tools and techniques to apply rigorous assessment of geological value to your prospective mining investments; and
- Help ensure that your investments are being made in high value projects.
Who should attend?
- 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 what mineral resources represent strong value
AusIMM Professional Development (PD)
In partnership with the AusIMM, all workshops at the International Mining and Resources Conference (IMARC) will now contribute 7.5 hours towards your personal and Professional Development (PD).
It is a requirement of AusIMM membership that individuals engage in an appropriate level of professional development (PD). Maintaining current knowledge and skills through PD activities is imperative to ensuring AusIMM members continue to be the leading professionals in the global minerals sector.