Join CSA Global Principal Consultant, Ivy Chen and Manager-Corporate, Graham Jeffress as they present at the 2019 AMPLA WA Conference on ‘Regulation and how the JORC and VALMIN Codes can be used to build a reasonable basis’ on Friday, 17 May 2019 at the Crown Towers in Perth, Western Australia.
Every year the conference brings together an informative, current and thought provoking business programme presented by leaders and experts in the energy and resources industry.
This year’s conference is no different with the key theme focussing on: Project Development in an Increasing Regulatory Environment.
The JORC and VALMIN Codes underpin public reporting for the minerals sector such as ASX announcements, Independent experts reports for schemes of arrangement, target statements and other critical shareholder communications. VALMIN applies to technical assessments and valuations of mineral assets and covering slightly wider field of reporting than the JORC Code, which applies to the reporting of Exploration Results, Mineral Resources and Ore Reserves only.
Regulators like ASIC and the ASX, rely on these Codes to establish a reasonable basis in public disclosure. Forward-looking statements about minerals projects, must be made in accordance with these codes, and use of these codes are mandatory for the Competent Persons/Practitioners who are responsible for the reports.
The codes provide minimum standards, recommendations and guidelines for public disclosure. Failure to adequately address the content of the codes risks delays, retractions or refunds of monies raised.
This talk discusses the technical issues behind the regulations.
Ivy is a corporate governance specialist, with 30 years’ experience in mining and resource estimation. Ivy’s experience in the mining industry in Australia and China, as an operations and consulting geologist includes open pit and underground mines for gold, manganese and chromite. Recently, she has been involved in assessments of risks and impacts of corporate social engagement in mineral projects. Ivy served as the national geology and mining adviser for ASIC for 6 years, where she supervised the reviews of risk disclosure in public statements by mineral and energy companies. She is a member of the VALMIN Committee, AusIMM, and the Australian Institute of Company Directors.
Manager – Corporate
Graham is a geologist with more than 28 years’ experience in exploration and management in Australia, PNG and Indonesia. His broad experience across the mining sector underpins CSA Global’s specialist technical corporate services. He is responsible for a coordinating a vast pool of high calibre specialists in Australia and internationally. His role on the Joint Ore Reserves Committee (JORC) ensures he is very well informed in key regulatory matters. Graham manages small and large projects with our clients throughout Africa, the Middle East, Asia, Europe, the Americas, and Australasia. He works collaboratively with our international offices to ensure we get the right skill set for each role, which can be anything from initial high-level fatal flaw checks through comprehensive due diligence to independent technical reporting and valuation of large multiple project mining operations.