Roger Dixon South African Representative, CRIRSCO 8th Session EGRC April 27th, 2017

2. APPLICATION OF UNFC-2009 TO SOLID MINERALS; CRIRSCO UPDATE
Roger Dixon
South African Representative, CRIRSCO
8th Session EGRC
April 27th, 2017

3. Presentation agenda
• Objectives of CRIRSCO;
• Current Membership;
• Activities in 2016;
• Template update.

4. CRIRSCO - Principle Objective
To promote best practice in the international public
reporting of Mineral Exploration Results, Mineral
Resources and Mineral Reserves.
CRIRSCO is an international advisory body without
legal authority, relying on its constituent members to
ensure regulatory and disciplinary oversight at a
national level.
It recognises the truly global nature of the minerals
industry and the agreed need for international
consensus on reporting standards.
•

5. 10 CRIRSCO Members
Australasia: JORC
Brazil: CBRR Guide
Canada: CIM
Chile: COMISIÓN MINERA DE CHILE
Europe: PERC
Kazakhstan: KAZRC
Mongolia MRC
Russia NAEN
South Africa: SAMREC
United States: SME Guide

6. Ongoing Discussions
• Argentina
• China
• Columbia;
• Cuba
• India;
• Indonesia;
• Mozambique
• Peru
• Philippines;
• Turkey

7. Activities 2016
• Response to SEC USA on proposed change to
Securities Rules and IG7;
• Annual Meeting in Jaipur India;
• Conferences in Ankara, Astana, Bogota, Brussels,
Havana, Maputo, Ulaanbaatar;
• Ongoing Working group with MRREC China;
• Update of Template

8. Template Update
15 standard definitions not changed;
Overriding principle “keep it simple” - It’s a guide;
History of CRIRSCO removed;
Adoption of “if not why not” principle of reporting for
Table 1;
Commodity specific sections moved to Appendix;
New section on industrial and construction materials;

9. Template Update continued
Confirmation that Exploration Target is outside of Fig 1
Reasonable prospects for eventual economic extraction
simplified;
Environmental and social clauses included (ex SME
Guide;
Table 2; confidence levels for technical studies;
Materiality or level of reporting for multiple assets
clarified:
Relationship UNFC and Template

10. Acknowledgements
ALL SLIDES
www.unece.org >energy
www.crirsco.com