Examples of SAMREC Code in a sentence
The JORC Code, PERC Code, SAMREC Code, and Certification Code use mineral resource and mineral reserve definitions and categories that are substantially the same as the CIM definitions mandated in the Instrument.
Sibanye-Stillwater prepares and reports its Mineral Resources and Mineral Reserves in accordance with the SAMREC Code, the updated Section 12 of the JSE Listings Requirements; and the SEC regulation S-K Sub-part 1300.
However, where Mineral Asset Valuations depend on Exploration Results, Mineral Resources, and Mineral Reserves, these should be compliant with the SAMREC Code, and signed off by a Competent Person in in accordance with the requirements of the SAMREC Code.
Where a Competent Person’s Report (’CPR’), prepared in compliance with the SAMREC Code (or other Reporting Code), is appended to or supports the Valuation Report, the technical information can be incorporated by reference to the CPR and need only be summarized in the relevant sections of the Valuation Report.
Further, the SAMREC Code requires estimates of foreign exchange rates, commodity prices, future capital requirements and production costs.
The JORC Code, PERC Code, SAMREC Code, and Certification theyCode use mineral resource and mineral reserve definitions and categories that are substantially the same as the CIM definitions mandated in the Instrument.
The Mineral Reserves and Mineral Resources statement is prepared by an independent expert that complies with the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code, 2016 Edition).
Cosmetic surgery, plastic surgery or other Services, supplies, dermatological preparations and ointments, other than those listed above, that are intended primarily to improve your appearance or are not likely to result in significant improvement in physical function, and are not Medically Necessary.
For accounting purposes, the Group estimates its South African coal reserves and resources in line with the “South African Code for the reporting of exploration results, mineral resources and mineral reserves” (SAMREC Code), which is prepared by the South African Mineral Resource Committee.
The report was compiled in compliance with the South African Code for Reporting of Exploration Results, mineral resources and mineral reserves (2016 Edition) (or SAMREC Code), and in terms of the specifications embodied in the Standards of the South African Code for the Reporting of Mineral Asset Valuation (2016 Edition) (or SAMVAL Code).All requirements of the JSE Section 12.9 Listing Requirements and the SAMREC Code (including Table 1) and SAMVAL Code have been complied with.