33 - RPEEE: is all hope lost?
Fresh Thinking by Snowden Optiro
English - March 30, 2020 16:00 - 14 minutes - 20.4 MBNatural Sciences Science Technology geology technology advisors consultants exploration freshthinking mining podcasts resources software Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Recent research undertaken by Optiro's Director of Geology, Ian Glacken, shows there are a number of reports on resources being made to the market that are based on tenuous assumptions. This episode is part of a mini series on misinterpretations of the JORC code.
In this episode:
1:03 Is RPEEE hopeless?
2:08 What does 'reasonable' mean, actually?
2:51 What about 'eventual' and 'economic'?
4:16 Are we effectively defining ore reserves at the resource stage now?
6:03 What's causing you to be less optimistic about RPEEE now?
9:27 We can see people sidestepping the rules - why are we seeing people get away with it?
11:29 We're looking for a level playing field. What can we do to bring resource reporting in line with the code?
13:51 How can people get a hold of your paper that was presented at the conference?
For more information:
The Highly Vexed Issue of Reasonable Prospects of Eventual Economic Extraction (RPEEE) - Narrowing the Range of Practice (2019), Glacken, Ian. Mining Geology 2019 conference. Contact Ian Glacken - Optiro Director of Geology: [email protected]