REGULATION

Does JORC need updating?

THE Joint Ore Reserves Committee Code that has underpinned Australia’s resource sector for decades will inevitably be revised, but is there a pressing need for an update given what can be accomplished within the existing system?

Application of the JORC code is principles-based not rules-based, and an overhaul would be no simple task.

Application of the JORC code is principles-based not rules-based, and an overhaul would be no simple task.

Leading the charge for some changes to industry practise is SRK Australia chairman Mark Noppe, who has been beating the reform drum for some time, saying there are "still surprisingly large gaps in the...

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