Missouri S&T to offer course on complying with exploration requirements

The Missouri University of Science & Technology (Missouri S&T) will offer a two-day course on new standards for public reporting of exploration results, mineral resources and reserves.

The National Stone, Sand & Gravel Association (NSSGA) says the course is designed to help mining engineers involved in mineral exploration comply with ethic and regulatory standards (particularly, U.S. Securities and Exchange Commission’s Regulation S-K subpart 1300).

Dr. Kwame Awuah-Offei, interim director of mining engineering at Missouri S&T, will offer the course to aid the transition of new requirements which come into effect on 1 January 2021. Click here to learn more and register.

At the end of the course, participants should be able to report exploration results, mineral resources and mineral reserves per the new SEC standards and act with ethical standards when reporting exploration results, mineral resource and mineral reserves.  The course covers a range of topics necessary to transition from Industry Guide 7 to subpart 1300 and starts with the definitions of key terms and basic principles of public disclosure (materiality, transparency and competence). It then uses these concepts to help the participant understand how to apply this consistently and ethically to various scenarios in order to comply with the law and professional ethical standards.



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