Responsible reporting of mineral assets

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Responsible reporting of mineral assets describes the work of the Committee for Mineral Reserves International Reporting Standards (CRIRSCO).

CRIRSCO is a volunteer-run international organization aimed at establishing international standards for the reporting of mineral resource and reserve estimates and has worked with ICMM in a strategic alliance since 2007.

CRIRSCO's objectives are to:

Encouraging leading practice in resource estimation is consistent with ICMM's sustainable development goals and brings added assurance that a nation's mineral wealth is being developed in a responsible manner.

Most developed countries use almost identical resource and reserve definitions as defined in the CRIRSCO reporting template, and new codes and standards are being based on the template. This unified approach has provided the mining industry, regulators and investors with a common framework to report and interpret mineral resource and mineral reserve estimates, thereby facilitating funding to the mining industry through improved investor understanding and confidence.