The South African Mineral Reporting Codes - Breakfast launch of SAMREC 2007 and SAMVAL 2008 - Hilton Hotel, 10 April 2008 - Opening Address - Roger Dixon, Chairman SAMREC/SAMVAL Committee (SSC)

It is almost eight years to the day when we launched the original SAMREC Code in March 2000. Since that date I think the SA minerals industry has matured beyond recognition in its approach to reserve and resource reporting, and I believe we can be justifiably proud of that progress. Many of those companies that have led the way in reporting standards are listed on our sponsors list. We thank them for their sponsorship but even more for their considerable support in all aspects of the SAMCODE organization. Matt Mullins, my co-speaker here today, has been instrumental in the revision of the SAMREC Code over a long period of time and also took up the reigns with the SAMVAL Code after the retirement of Rob Croll. I would like to formally thank Matt for his immense contribution in producing the two Codes; he can take great pride in the final product and fully deserves the many accolades that we have already received from our international counterparts. He has done all this whilst still maintaining a very demanding day job at BHPBilliton. Matt will be the first to admit that he has received tremendous support from more than 100 people who participated in the various working groups, many of whom are employed by our sponsors. There are obviously too many to mention by name but they deserve a big vote of thanks for their personal contributions. In addition to launching the two Codes we are also launching our ?branding? initiative with our own SAMCODE logo and the SAMCODE website: www.samcode.co.za. All the slides used in the presentation today will be on the website later today as will a newsletter which will serve as a media release.