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Professional Certificate in JORC Code Reporting

AusIMM


Micro credentials

Course Overview

Develop an in-depth understanding of the JORC Code, including recognising obligations and liabilities, demonstrating its correct applications across different industries, and appropriately applying the Code to the reporting environment under the ASX and ASIC.


AusIMM’s Professional Certificate in JORC Code Reporting has been specifically designed for resources professionals responsible for effectively reporting in accordance with the JORC Code (e.g. Competent Persons or aspiring Competent Persons).


Note: This course does not enable a practitioner to qualify as a Competent Person. All the criteria as specified in the JORC Code must still be met.

Course Content

Module 1 | Why the JORC Code? Context and Principles

  • Describe why the JORC Code was developed and adopted internationally
  • Consider and address the three principles when preparing a public report
  • Articulate the responsibilities and consequences of individuals tasked with compiling public and non-public reporting
  • List the four requirements for annual reporting under the JORC Code

 

Module 2 | Exploration Reporting

  • Identify what is (and is not) an Exploration Result
  • Explain how to report Exploration Results
  • List the common pitfalls when reporting Exploration Results
  • Describe what is an Exploration Target
  • Appreciate the effect an Exploration Result can have on a company’s share price

 

Module 3 | Technical Studies - How to Inform Investors

  • Demonstrate how to use Studies to inform JORC Code Reporting
  • Describe the purpose of the various study levels
  • Explain the Confidence Ranges by study stage
  • Describe Material Outcomes
  • Describe why and when to use Cautionary Statements

 

Module 4 | Mineral Resources Reporting

  • Identify the stakeholder/s for which the reporting on Mineral Resources is targeted
  • Define what makes a good public mineral resources report prepared in accordance with the JORC Code
  • Identify Table 1 of the JORC Code as a minimum set of criteria and not a prescriptive outline for reporting
  • Recognise when to add key issues to Table 1 and the strong relationship between geological and mineralisation continuity
  • Recognise that classification summarises the entire body of work done by the Competent Person on that deposit
  • Identify the professional users of a Mineral Resource model in terms of the inputs to a model as well as the end use for the model

 

Module 5 | Ore Reserves Reporting

  • Describe an effective Ore Reserve process
  • Evaluate if a material change requires reporting
  • Assess how Inferred Resources could be reported in an Ore Reserve
  • Decide how to report stockpiles, mineralised fill and pillars
  • Agree whether or not social licence and environmental factors are relevant factors in the reporting of an Ore Reserve

 

Module 6 | The Regulatory Environment

  • Understand the main requirements of the different governing bodies
  • Describe the key difference between the Competent Person and a company officer
  • Identify the difference between reasonable prospects as per the JORC Code, and reasonable basis as required by the Corporations Act
  • Appreciate that the primary purpose of a report prepared in accordance with the JORC Code is to inform investors (and not other technical people)

Additional Details

This course is suitable for:

  • Aspiring Competent Persons: Develop an in-depth understanding of the JORC Code and its application.
  • Mining industry professionals: Ensure that you are performing at the highest level expected.
  • Mining companies listed or looking to list on the Stock Exchange: Establish your team’s knowledge of the JORC Code’s intricacies and its application in the reporting environment.

Prerequisites

  • A good working knowledge of English.
  • AusIMM courses are generally suitable for people who have completed their tertiary education and have been in the workforce for at least two years.
  • No other pre-requisites are required.

 

Course Image
Duration
40 hours over 8 weeks
Estimated Cost per Participant
AUD $3,296.00
Estimated in IDR 0,00
Minimum participants
1
Course type
Micro credentials
Delivery method
Virtual
Language
English
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