South Africa’s ‘Samcodes way’ a world-beater – Matt Mullins

Miningweekly.com reports that Samcodes standards committee chairperson Matt Mullins told Mining Weekly Online that South Africa’s SAMCODES is a world-beater.

The codes provide minimum standards for the public reporting of mineral-related issues, with governance effected through membership of professional bodies, statutory registration of earth scientists and engineers and the JSE reader’s panel. Underpinning their governance are competent persons and competent valuators reports, which form a bulwark against incorrect valuations and ensure that a resource and a reserve is the same in South Africa as it is in AustraliaCanada or in any of the dozen countries that comply with the template of the Committee for Mineral Reserves International Reporting Standards (Crirsco), of which South Africa is a founder member and which is currently chaired by South African Ken Lomberg, the second South African to lead the organisation after Roger Dixon.

READ MORE: http://www.miningweekly.com/article/south-africas-samcodes-way-a-world-beater-mullins-2018-06-12