Pushing the Boundaries
Mining is a high-risk, high-reward enterprise, the success of which is dependent on a range of factors. For companies involved in the exploration phase of mining, and for those in the capital markets who invest in mineral exploration, the risk-reward ratio and the problem of uncertainty is perhaps even more extreme. And though uncertainty is pervasive, the JORC code means ASX-listed mining companies must abide by a strictly enforced uniform resource reporting standard and be as accurate and detailed as possible in their reports to investors. Therefore, accurate information is the foundation for success, and whether it is an established mine looking to extend their reserves, or a company engaged in remote greenfields exploration, the enterprise with the sharpest picture...