JORC vs NI 43-101

Going to the Wires

  • Canada's system NI 43-101 reports cleaned up the Augean Stables of resources reporting in that market and revived confidence of investors
  • The Australian JORC system though has come to rule the ROW
  • The Australian market had its own massive scandals in the late 1960s after which it has been relatively trouble free
  • The Australian system allows the companies to keep commercially sensitive information to themselves (or to share with their financiers)