|
National Instrument 43-101
National Instrument 43-101 ''Standards of Disclosure for Mineral Projects'' ("NI 43-101") is a securities regulatory instrument that governs how companies can disclose mining-related information in Canada. Its rules aim to prevent companies from sharing inaccurate or misleading information about their mineral assets with prospective investors and the public. It is overseen and enforced by the Canadian Securities Administrators. NI 43-101 applies broadly to companies both public and private, and to a variety of disclosures types including mineral exploration reports, reporting of resources and reserves, presentations, oral comments, and websites. NI 43-101 covers mineral products such, precious metals and solid energy commodities as well as bulk minerals, dimension stone, precious stones and mineral sands commodities. National Instrument 43-101 is comparable to the Joint Ore Reserves Committee Code (JORC Code) which regulates the publication of mineral exploration reports on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Securities Regulation
Canadian securities regulation is managed through the laws and agencies established by Canada's 10 provincial and 3 territorial governments. Each province and territory has a securities commission or equivalent authority with its own provincial or territorial legislation. Unlike other major federations, Canada has no securities regulatory authority at the federal government level. Nonetheless, most provincial security commissions operate under a passport system, so that approval of one commission essentially allows for registration in another province. However, concerns about the system remain. For example, Ontario (Canada's largest capital market) does not participate in the passport regimen. Securities regulators from each province and territory have joined to form the Canadian Securities Administrators (CSA). Concerns about the provincial system of securities regulation have led to repeated calls for a national securities system in Canada. As of June 2021, the Canadian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jargon
Jargon, or technical language, is the specialized terminology associated with a particular field or area of activity. Jargon is normally employed in a particular Context (language use), communicative context and may not be well understood outside that context. The context is usually a particular occupation (that is, a certain trade, profession, vernacular or academic field), but any ingroups and outgroups, ingroup can have jargon. The key characteristic that distinguishes jargon from the rest of a language is its specialized vocabulary, which includes terms and definitions of words that are unique to the context, and terms used in a narrower and more exact sense than when used in colloquial language. This can lead In-group and out-group, outgroups to misunderstand communication attempts. Jargon is sometimes understood as a form of technical slang and then distinguished from the official terminology used in a particular field of activity. The terms ''jargon'', ''slang,'' and ''argot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Geology
Economic geology is concerned with earth materials that can be used for economic and industrial purposes. These materials include precious and base metals, nonmetallic minerals and dimension stone, construction-grade stone. Economic geology is a subdiscipline of the geosciences; according to Lindgren (1933) it is “the application of geology”. It may be called the scientific study of the Earth's sources of mineral raw materials and the practical application of the acquired knowledge. The study is primarily focused on metallic mineral deposits and mineral resources. The techniques employed by other Earth science disciplines (such as geochemistry, mineralogy, geophysics, petrology, paleontology and structural geology) might all be used to understand, describe and exploit an ore deposit. Economic geology is studied and practiced by geologists. Economic geology may be of interest to other professions such as engineers, environmental scientists and conservationists because of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mineral Economics
Mineral economics is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities. Mineral economics ��min·rəl ‚ek·ə′näm·iksis specially concerned with the analysis and understanding of mineral distribution as well as the ‘discovery, exploitation, and marketing of minerals’. Mineral economics is an academic discipline which constructs policies regarding mineral commodities and their global distribution. The discipline of mineral economics examines the success and the implications associated with the mining industry and the impact the industry has on the economy socially and regarding the climate. Mineral economics is a continuing, evolving field which originally started after the Second World War and has continued to expand in today's modern climate. The identification of mineral sectors and their associated total revenue from specific commodities and how this varies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Resource Management System
The United Nations Resource Management System (UNRMS) is a voluntary global standard for managing natural resources sustainably. It is based on the United Nations Framework Classification for Resources (UNFC). UNRMS aims to support the Sustainable Development Goals (SDGs) by providing a comprehensive framework and methodology for resource progression, policy development, and financing. Background UNRMS is a sustainable resource management system developed by the United Nations Economic Commission for Europe (UNECE). It was created to address unsustainable resource supply and use patterns to mitigate environmental and societal impacts while ensuring long-term resource availability. The UNRMS was initiated in 2017 and goes beyond classification, offering a holistic approach to resource management. It promotes technologies for efficient resource discovery, recovery, and processing. The UNRMS is a significant step towards harmonizing economic, environmental, and social objectives in r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Framework Classification For Resources
United Nations Framework Classification for Resources (UNFC) is an international scheme for the classification, management and reporting of energy, mineral, and raw material resources. United Nations Economic Commission for Europe's (UNECE) Expert Group on Resource Management (EGRM) is responsible for the development promotion and further development of UNFC. Development Classification and management of natural resources such as minerals and petroleum are classified using differing schemes. 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. In 2004, the Classification was revised to include petroleum (oil and natural gas) and uranium and renamed the UNFC for Fossil Energy and Mineral Resources 2004 (UNFC-2004). In 2009, a simplified United Nations Framework Classification for Fossil Energy and Mineral Reserves a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pan African Resource Reporting Code
The Pan-African Resource Reporting Code (PARC) is a standardized framework for public reporting of African mineral and energy resources. Developed under the auspices of the African Minerals Development Centre (AMDC), PARC aims to enhance transparency, consistency, and competence in the certification and reporting processes within the African mining sector. History PARC was developed as part of the African Minerals and Energy Resources Classification and Management System (AMREC), a tool designed to implement the Africa Mining Vision (AMV). The AMV, adopted by African Heads of State in 2009, seeks to optimize the utilization of Africa's mineral resources for sustainable development. The policy document for AMREC/PARC was approved by the African Union's Special Technical Committee in September 2021 and was subsequently endorsed by the Executive Council in February 2022. Objectives The primary objectives of PARC include: * Standardizing the reporting processes for mineral and energ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mineral Exploration
Mining engineering is the extraction of minerals from the ground. It is associated with many other disciplines, such as mineral processing, exploration, excavation, geology, metallurgy, geotechnical engineering and surveying. A mining engineer may manage any phase of mining operations, from exploration and discovery of the mineral resources, through feasibility study, mine design, development of plans, production and operations to mine closure. History of mining engineering From prehistoric times to the present, mining has played a significant role in the existence of the human race. Since the beginning of civilization, people have used stone and ceramics and, later, metals found on or close to the Earth's surface. These were used to manufacture early tools and weapons. For example, high-quality flint found in northern France and southern England were used to set fire and break rock. Flint mines have been found in chalk areas where seams of the stone were followed underground ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mineral Resource Classification
There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, developed by the CRIRSCO – Committee for Mineral Reserves International Reporting Standards, like the Australian Joint Ore Reserves Committee – JORC Code 2012, the Pan-European Reserves & Resources Reporting Committee' – PERC Reporting Standard from 2021, the Canadian Institute of Mining, Metallurgy and Petroleum – CIM classification and the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC). A more detailed description of the historical development concerning reporting about mineral deposits can be found on the PERC web site. In 1997, the United Nations Framework Classification for Resources (UNFC) was development by the United Nations Economic Commission for Europe (UNECE). The Pan African Resource Reporting Code (PARC) is based on UNFC. Mineral resources ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bre-X
Bre-X was a group of companies in Canada. Bre-X Minerals Ltd., a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang, East Kalimantan, Indonesia. Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price soaring. Originally a penny stock, its stock price reached a peak at CAD$286.50 (split adjusted) in May 1996 on the Toronto Stock Exchange (TSE), with a total capitalization of over CAD $6 billion. Bre-X Minerals collapsed in 1997 after the gold samples were found to be fraudulent. Busang's gold resource was estimated by Bre-X's independent consulting company, Kilborn Engineering (a division of SNC-Lavalin of Montreal), to be approximately . Reports of resource estimates of up to were never made by Bre-X though the property was described as having this potential by John Felderhof, Bre-X's vic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Securities Administrators
The Canadian Securities Administrators (CSA; , ACVM) is an umbrella organization of Canada's provincial and territorial securities regulators whose objective is to improve, coordinate, and harmonize regulation of the Canadian capital markets. The CSA's national systems include the National Registration Database (NRD), a web-based database that allows security dealers and investment advisors to file registration forms electronically; the System for Electronic Disclosure by Insiders (SEDI), an online, browser-based service for the filing and viewing of insider trading reports; and the System for Electronic Document Analysis and Retrieval (SEDAR), a publicly-accessible database that contains all the required non-confidential filings related to publicly traded Canadian companies. The CSA serves a regulatory function comparable to that of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. History As an informal b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, the Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 10^12, billion and a market capitalisation of around A$1.6 10^18, trillion, making it one of the List of stock exchanges, world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system fac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
