Redefining Competent Persons Criteria for Resource Geologists

- Organization:
- The Australasian Institute of Mining and Metallurgy
- Pages:
- 6
- File Size:
- 289 KB
- Publication Date:
- Aug 18, 2014
Abstract
There is much debate on the Competent Persons qualifying criteria for providing classified resource estimates for public reporting. The CRIRSCO family of codes including the JORC Code, SAMREC, PERC and NI43–101, require Competent Persons to have at least five years ‘relevant’ experience and belong to professional bodies. These codes provide further, albeit vague, guidelines to assist individuals with their personal decision to take on the mantle of ‘Competent Person’. There is a risk, however, that these qualifying criteria can result in ill-prepared Competent Persons whose actions and recommendations would undermine their own reputation and that of the organisations that employ them; the integrity of the profession and the principles based reporting systems; as well as the stability of stock markets that rely on these estimates.Based on doctoral study on the development of professional competency within the mining industry, this paper presents an evaluation of the suitability of the current qualifying criteria as well as an analysis of alternative criteria. The research included a series of interviews with industry experts and an online survey of resource geologists. Semi-structured interviews provided a sense of experts’ expectations and interpretation of the current definition of ‘Competent Person’. The comprehensive online survey included a self-assessment, a series of situational questions designed to evaluate responses to typical resource geology scenarios and a set of open-ended questions relating to factors contributing to competency development.A summary of the data analysis, interpretation of the results and a set of recommendations for revised ‘Competent Person’ qualifying criteria are presented. This paper contributes to the conversation on what makes a person suitably qualified to report classified resource estimates and provides practical targets that can be used in the professional development of resource geologists.CITATION:Coombes, J, 2014. Redefining Competent Persons criteria for resource geologists, in Proceedings Ninth International Mining Geology Conference 2014 , pp 153–158 (The Australasian Institute of Mining and Metallurgy: Melbourne).
Citation
APA:
(2014) Redefining Competent Persons Criteria for Resource GeologistsMLA: Redefining Competent Persons Criteria for Resource Geologists. The Australasian Institute of Mining and Metallurgy, 2014.