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

June 13, 2018 Jeff Ostrowick

Miningweekly.comreports thatSamcodes standards committee chairpersonMatt MullinstoldMiningWeekly OnlinethatSouth 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 nada that a resource and a reserve is the same inSouth Africaas it is inAustralia,Canadaor in any of the dozen countries that comply with the template of the Committee for Mineral Reserves International Reporting Standards (Crirsco), of whichSouth Africais a founder member and which is currently chaired by South AfricanKen Lomberg, the second South African to lead the organisation afterRoger Dixon.