Magazine Articles

CIM Magazine "Standards" column

The Standards Column in CIM Magazine is written by experts in the field, sharing information and know-how related to standards and guidelines for mineral definition and evaluation.

These columns include information related to:

  • ► NI 43-101 and related international codes
  • ► CIM resources/reserves definition
  • ► Qualified People
  • ► Practical information for following the standards and guidelines at work

Go the Standards section of CIM Magazine online.

Archive of Standards articles

Updates to CIM Commodity Price Guidance for NI 43-101 compliant technical reporting

Alexandra Lopez-Pacheco - Jun 2016

The CIM Commodity Price Guidance document has been updated for the first time since 2009.

Standards committee expands its international reach

Deborah McCombe - Apr 2016

Recap of CRIRSCO's 2015 Annual General Meeting in Brasilia, Brazil

Revised standard takes environmental management to the next level

Paul MacLean - Oct 2015

Nearly 20 years after it was first published, ISO 14001 has become the world’s most widely recognized environmental standard, with more than 250,000 mainly industrial organizations using it as a foundation for their environmental management systems (EMS).

When is a Mineral Resource not a Resource?

Rod Webster - Oct 2015

Some problems that have been recognized recently in the estimation and reporting of Mineral Resources and Reserves

Implementation of 2014 CIM Definition Standards

Paul Bankes - Aug 2015

The second in a two-part series on the updated CIM Definition Standards. The first part appeared in the May 2015 issue of CIM Magazine.

An update on harmonization of 2014 CIM Definition Standards

Paul Bankes - May 2015

The first in a two-part series that examines changes to CIM Definition Standards in detail.

Have your technical reports timed out?

Laurel Petryk & Greg Gosson - Oct 2014

It is easy to think that, because exploration programs are limited and there are no new material results to disclose on a property, the technical report on the property is still up to date. However, this is not necessarily the case.

Factors to consider when determining appropriate discount rate for project NPV

Greg Gosson & Graham Wood - Mar 2013

Discount rates are dependent on many project factors and characteristics, including the marketability of the commodity to be mined, the location of the project, the stage of development, and the size and capability of the project’s owner.

Geophysical logs useful tool for reporting potash exploration results

Dave Mackintosh - Feb 2013

The benefits of using geophysical logs in potash exploration

CSA Staff Notice 43-307 provides important guidance on disclosure of PEAs

Greg Gosson - Nov 2012

Since the new NI 43-101 rules took effect in June 2011, a number of mining companies were required to clarify or retract their PEA disclosure because CSA staff considered that they did not meet the new definition of a PEA, or were blurring the boundaries between the different types of mining studies.

NI 43-101 standards and best practice guidelines: data verification using geophysical logs when sampling coal

Ron Parent & Greg Gosson - Sep 2012

The benefits of using geophysical logs when reporting resource estimates in coal

Standards for Qualified Persons: how to evaluate relevant experience

Craig Waldie & Jim Whyte - Jun 2012

In order to be considered a QP for a specific project, the individual must have a certain level of education, accountability and relevant experience.

Water and mining – reporting the risks and challenges

Craig Waldie & Daphne Wong - May 2012

Mining companies often face a wide range of environmental risks and challenges throughout the mining cycle, especially in relation to water. Investors need to be provided with meaningful information about these types of risks, if they are material to a mining company.

Mineral disclosure in brine recovery projects

Craig Waldie and Jim Whyte - Mar 2012

The evaluation of mineral brines is complex, and Qualified Persons should either be hydrogeologists or engineers with adequate experience in salar geology and brine processing.

ISO 50001 helps manage energy costs in mining

Klas Bockasten - Feb 2012

A new energy management standard – ISO 50001 – is set to provide the mining industry with technical and management strategies to increase energy efficiency, reduce operating costs and improve environmental performance.

The inclusion of Inferred Mineral Resources in economic analyses

Greg Gosson - Dec 2011

In their guidance to the definition of Inferred Mineral Resources, CIM has taken a strong position against the inclusion of Inferred Mineral Resources in economic analyses that will be disclosed to the public.

NI 43-101 news you need to know

Luc Arsenault & Alexandra Lee - Nov 2011

Some changes in the June 30, 2011 version of NI 43-101

Oil and gas disclosure requirements and new issues: NI 51-101 sets standards

David Elliot - Sep 2011

As a result of the ongoing significant changes in the oil and gas industry, further amendments are under consideration, possibly for the end of 2012.

Let the discussion begin: Are potash technical reports meeting the intent of NI 43-101?

Dave Mackintosh - Aug 2011

The following discussion raises more questions than answers and is an attempt at stimulating further discussion of potash best practices that may result in a Potash Guideline useable by the SEC and CSA.

The new NI 43-101: Compliance made easier and less costly

Robert Holland, Craig Waldie, Jim Whyte & Luc Arsenault - Jun 2011

The June 2011 version of NI 43-101 represents its first substantive review since it was first adopted in February 2001.

CRIRSCO and international reporting standards

Deborah McCombe - May 2011

Highlights of the CRIRSCO annual meeting in September 2010 in Moscow

Electronic disclosure and regulatory compliance

Craig Waldie - Apr 2011

As more ways of electronically disclosing information become available, mining companies need to remember that NI 43-101 is applicable to all public disclosure related to scientific and technical information.

Making rare earth element disclosure transparent and compliant: Getting the most out of other organizations’ practices

James Whyte - Feb 2011

When prices for rare earth metals rose sharply over the last five years, we saw junior mining companies take on rare earth projects and seek financing to explore them on the equity markets. Such events would not normally create a compliance problem. But, in the rare earth business, there were a few new twists that made clear disclosure harder to do.

The inclusion of Inferred Mineral Resources in economic analyses

Greg Gosson - Dec 2010

It is common practice in the mining industry to assess the economic viability of a mineral deposit/project at various development stages.

New guidelines for international reporting of Russian mineral resources and reserves

Stephen Henley - Nov 2010

The 2010 guidelines document provides general guidance for conversion from Russian classified mineral resources to international CRIRSCO-aligned classifications.

The evolution of standards: CIM tools fuel discussion

Deborah McCombe - Aug 2010

Standards for the estimation of mineral resources and reserves and valuation of mineral properties have advanced dramatically in recent years, and CIM members have taken a leading role in developing Canadian reporting standards.

NI 43-101 and the metallurgist: The role metallurgists play in the disclosure process

Greg Gosson and Tony Lipiec - May 2010

The successful development of technically challenged mineral projects will require smart engineering. Investor confidence in those engineering solutions will require transparent disclosure by suitably qualified mining professionals. NI 43-101 has set the standard for both.

Knowing the tools at your disposal: Commodity-specific guidelines available to QPs

Craig Waldie and Jim Whyte - Mar 2010

National Instrument 43-101 (NI 43-101) sets standards for the disclosure of scientific and technical information. However, NI 43-101 does not regulate the procedures or practices used to collect, analyze or interpret this information — it places the responsibility of doing so upon the qualified person (QP).

Exercising caution in the public reporting of data from handheld XRF analyzers

Craig Waldie and Ian McCartney - Feb 2010

Occasionally, handheld XRF analyzers may provide significant and potentially material information about mineralization on a property. However, the qualified person (QP) preparing a disclosure must exercise professional judgement and be able to demonstrate the reliability of the information.

A progress report: recent amendments to NI 43-101

Deborah McCombe and Craig Waldie - Nov 2009

NI 43-101 is meant to be a living document that is revisited and revised from time to time to reflect changes in the industry.