Improving assurance for Mineral Resource and Ore Reserve estimates and reporting

Author(s): 
Mark Noppe
Date: 
Wednesday, June 13, 2018
First presented: 
Published in AusIMM Bulletin June 2018 Issue
Type: 
Article
Category: 
Project Evaluation

Risk is an inherent component of the mining industry, and risk governance is an integral part of corporate assurance and business decision making. Like the requirements for financial, legal and environmental governance, assurance regarding the processes applied to data collection, estimation and reporting of Mineral Resources and Ore Reserves is required.

In this article, Mark Noppe explains why improved review and audit processes for Mineral Resources and Ore Reserves are crucial to provide senior management, company boards, and external stakeholders assurance on the accuracy of estimated and reported technical information.

This article was originally published in the June 2018 edition of the AusIMM Bulletin and is able to be viewed here.

Feature Author

Mark Noppe

Mark is a geoscientist with over 30 years’ mining industry experience in exploration, mining geology, practical geostatistical applications, resource estimation and reporting, mine reconciliation, feasibility studies, technical audits and due diligence. Mark has worked in South Africa, Western Australia and Queensland as a geologist and consultant and provides advice, training and mentoring in all aspects of orebody knowledge. His technical experience covers a wide range of projects, geological and mining settings, and commodities, including bauxite, diamonds, coal, copper, cobalt, iron ore & magnetite,
lead-zinc, sulphide and laterite nickel, niobium, potash, phosphate, PGE and gold projects in Australia, New Zealand, South Africa, Botswana, Zambia, Mali, Tanzania, UK, Indonesia, China, Canada, Chile, Jordan, Uzbekistan, Kyrgystan and the Russian Far East.

Corporate Consultant (Geology and Project Evaluation)
MSc (Exploration Geology), MGAA, MCAID, FAusIMM(CP)
SRK Brisbane
SRK Africa