Compliance and Reporting Rules in the Minerals Industry
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Objectives of the course
This course is intended to provide an insight into the practical application and understanding of key pieces of legislation that influence the reporting of technical and economic information for mineral resource assets and companies, both in the private and public domain.
There is a growing tendency to convert various types of mineral assets from ‘Intangibles’ to ‘Valued tangible assets’. These issues have been captured by the International Accounting Standards Board Draft ‘Extractive Industries’ Paper.
Who should attend
This course is essential for company directors, accountants, lawyers, commercial managers, analysts, all members of the South African Institute of Mining and Metallurgy (’SAIMM’), mine managers, engineers, geologists, metallurgists, surveyors, journalists, and anyone who is involved in the minerals industry and who may be responsible for preparing reports in compliance with local and international reporting rules.
The introduction of the course will provide a general overview
of the need for proper reporting to avoid potential misinterpretation, and particular reference is made to the Bre-X scandal. Various pieces of legislation, public reporting codes and requirements of securities of exchange influencing the minerals industry will be discussed.