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There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, [1] developed by the CRIRSCO – Committee for Mineral Reserves International Reporting Standards, like the Australian Joint Ore Reserves Committee – JORC Code 2012, [2] the Pan-European Reserves & Resources Reporting ...
The National Instrument 43-101 requires substantially more technical disclosure to the market than the equivalent JORC Code, because the JORC Code is primarily a code for reporting the status of a mineral resource, whereas NI 43-101 is a code of securities disclosure. This distinction is based on the derivation of the two codes: the JORC Code ...
The JORC [5] Code was first published in 1989, with the guidelines published in 1990. During the 1990s, it became clear that the evaluation of mineral deposits should be based on an internationally recognised code of reporting in order to improve the security of investments in this economic sector (e.g. Bre-X case).
The purpose of the codes is to protect the investment community from misleading information with regards to mineral resources and reserves. [3] The Codes are principles-based, and are designed to provide investors and potential investors with the minimum, material information for an informed investment decision.
Classification and management of natural resources such as minerals and petroleum are classified using differing schemes. [4] [5] In 1997, UNECE published the United Nations Framework Classification for Reserves and Resources of Solid Fuels and Mineral Commodities (UNFC-1997) as a unifying international system for classifying solid minerals and fuels. [6]
Geologists have discovered a large gold deposit in Hunan Province, China and experts call it a "supergiant." The Geological Bureau of Hunan Province announced their discovery in the Wangu gold field.
The Judicial Officers Recommendation Commission (JORC, Chinese: 司法人員推薦委員會) is a statutory body in Hong Kong responsible for advising and making recommendations to the Chief Executive on judicial appointments and related matters established after the Handover in accordance with the Judicial Officers Recommendation Commission Ordinance (Cap. 92). [1]
current code taken from French Islande, Icelandic Ísland or Spanish Islandia: ISR Israel: ISV Virgin Islands: current code taken from French Îles Vierges (des États-Unis) ITA Italy: IVB British Virgin Islands: BVI [1] current code taken from French Îles Vierges britanniques: JAM Jamaica: JOR Jordan: JPN Japan