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Changed compliance requirements in the 2012 JORC Code

Changed compliance requirements in the 2012 jorc CodeSteve HuntDeputy Chair JORCA pril 2013 IntroductionWhy are there so many changes between the 2004 code and the 2012 code ?A little background: A number of ASX Companies Updates had been issued between 2005 and 2008related to jorc code matters. In October 2011, the jorc Committee released an Issues Paper to stimulatediscussion and comment on how the jorc code could be improved. The Issues Paper attracted 114 written submissions, as well as significantadditional feedback received through public forums and meetings. Comments on the Issues Paper confirmed strong support for the jorc code to remain a principles based professional code .

Clause 2 2012 Code “2. In this edition of the JORC Code, important terms and their definitions are highlighted in bold text. The guidelines

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