PERC lobbying for European reserve reporting standards

international-mining-logoIt is a year since the Pan European Resources & Reserves (PERC) Code for reporting mineral reserves/resources was released. Now the PERC committee is lobbying to have it made the European reference code, in the current process of updating the Committee of European Securities Regulators (CESR) rules. In the CESR consultation process, the other Committee for Mineral Reserves International Reporting Standards (CRIRSCO) member committees (JORC, CIM, SAMREC, SME, etc) have already agreed to make submissions supporting PERC’s case, and it also has the support of IMA-Europe (the European Industrial Minerals Association), as well as, of course, its sponsoring organisations IOM3, The Geological Society, the European Federation of Geologists, and the Institute of Geologists of Ireland. (more…)

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