JORC Is quite a serious affair. Even ASX reps are on board !!The JORC committee
The JORC Code is produced by the Australasian Joint Ore Reserves Committee (‘the JORC Committee’). The JORC Committee was established in 1971 and is sponsored by the Australian mining industry and its professional organisations.
The Committee comprises representatives of each of the three parent bodies: The Minerals Council of Australia (MCA), The Australasian Institute of Mining and Metallurgy (The AusIMM), and the Australian Institute of Geoscientists (AIG); as well as representatives of the Australian Securities Exchange (ASX), the Financial Services Institute of Australasia (FinSIA) and the accounting profession.
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