The VALMIN Code
The VALMIN Code sets out requirements for the technical assessment and valuation of mineral assets and securities for independent expert reports, it provides guidance for petroleum assets and securities.
The AusIMM has adopted the VALMIN Code as a professional Code which is binding on AusIMM members when they are undertaking relevant work.
The VALMIN Code is currently undergoing a transition from the 2005 Edition of the Code to the new 2015 Edition which can be used to guide mineral valuation reporting from 30 January 2016, and becomes mandatory for AusIMM members from 1 July 2016.
For more information and to access the Code, go to the VALMIN website.