More than 50 professionals active in the Mongolian resources sector gathered in Ulaanbaatar on 4 and 5 June to participate in a workshop on the Mongolian Reporting Code (MRC) – Estimation and Good Practice.
The workshop was organised by the Australasian Institute of Mining and Metallurgy (AusIMM) in partnership with the Mongolian Professional Institute for Geosciences and Mining (MPIGM), and funded by the Australian Government through IM4DC.
The aim of the workshop was to review the responsibilities of the “Competent Person” in ensuring good practice under the Mongolian Reporting Code (MRC) and develop further understanding of the application of the Code with Mongolian practitioners.
Participants included senior government officials, industry practitioners and academics. The program was facilitated by Peter Stoker, Deputy Chair of the Joint Ore Reserves Committee (JORC); Dale Sims, AusIMM Board member; and Gerlee Bayanjargal, Executive Director of MPIGM.
A range of topical presentations were aimed at promoting discussion on the issues of interest around the Mongolian Code for the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves (The MRC Code). These presentations drew on the MRC Code and its relationship with the MPIGM, and also on similar training on the JORC Code, as well as papers from the recent AusIMM Monograph 30 Roadshows run in Australia and New Zealand. Four Mongolian case studies where presented providing local context to the issues discussed.
There was active involvement by attendees throughout the lively debate in the extended discussion sessions of the workshop, indicating engagement with the issues discussed and providing professional development opportunities for all participants. The exercise also identified a number of opportunities to improve several aspects relating to the awareness and implementation of the MRC, including clarity about definitions and alignment with previous codes, as well as processes for recognising Competent Persons under the requirements of the MRC, both within Mongolia and internationally.
The workshop was one element of an increasing engagement between Australia and Mongolia relating to the resources sector, and marks the start of an ongoing partnership between the AusIMM, MPIGM and IM4DC’s host universities.