This website uses cookies
Find out more
Product has been added to the basket
Item has been added to bibliography

Online Training: An introduction to the CRIRSCO family of reporting codes - 7. Assessment and Reporting of Risk/Uncertainty aspects

Date:
17 March 2022
Add to my calendar
Event type:
Contributes to CPD, Online Training, Course, Virtual event
Organised by:
Geological Society Events, 2022 Year of Sustainability
Venue:
Virtual event
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 7: Assessment and Reporting of Risk/Uncertainty aspects

17 March, 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 7

Assessment and Reporting of Risk/Uncertainty aspects

- Introduction to risk and uncertainty; 
- linking uncertainty with the vertical axis;  
- Risk changes over project lifetime: 
- Higher uncertainty in exploration; focus is on opportunities;  
- Lower uncertainty at construction & operation stages but the impact of negative risks will be greater.
- Introduction to Risk assessment methods:  SWOT analysis; Risk matrices; Bowtie method; etc.
- Using Table 1 as a framework for assessing uncertainty/risk

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 final 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 16 March 2022 

We offer discounts on group bookings of 5 or more, please email [email protected] 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 at 16.00 GMT.

Contact

Please contact [email protected] with any enquiries.


Register now

Return to search results
Image not available
View larger image and text description

Registration rates

£ 60.00
£ 80.00
£ 8.00

Geolsoc Contact

Training

Training