Release of the VALMIN Code 2015 Edition

Following an extensive review process, the VALMIN Committee, has announced that a new VALMIN Code (2015 edition) has been approved, effective 30 January 2016 and mandatory by 1 July 2016.

SRK’s Matthew Greentree is on the VALMIN Committee, a joint committee of The Australasian Institute of Mining and Metallurgy (AusIMM) and the Australian Institute of Geoscientists (AIG). The committee was established to develop and maintain the "Australasian Code for Public Reporting of technical assessments and valuations of mineral assets", commonly known as the VALMIN Code.

VALMIN is a companion code to JORC which provides fundamental principles and minimum requirements for the preparation of public reports on Mineral assets based on international good practice as currently employed in the Mineral industry.   VALMIN is designed to fit within the Australian regulatory framework.

For more information on the changes, please click here.

For information on how the revised VALMIN code might affect your business, please contact Matthew Greentree.

The revised VALMIN Code will be a key focus at the AusIMM Project Evaluation Conference 2016 being held in Adelaide on 8-9 March. SRK Consulting is the proud Conference Proceedings Sponsor at this conference and is also presenting a number of papers.  More details are available here.