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Resource and Reserve Reviews and Audits

Mining is inherently a risk-based business and risk governance is an integral part of corporate assurance and business decision making. Resources and reserves are the key assets for a mining company and senior management and company boards require assurance regarding the likely accuracy of estimated and reported technical information.

Reviews and audits improve the level of assurance in the reliability of estimated short-term (grade control) estimates, reconciliation, Mineral Resources and Ore Reserves.

SRK provides technical peer reviews and audits that not only contribute to governance processes, but also provide valuable technical improvement opportunities, as well as mentoring and professional development guidance to those whose work is being reviewed.

Technical review is particularly crucial at a time in the industry when companies are running lean teams, or perhaps inexperienced teams, with limited technical or management oversight.

Our key services:

  • Review and design of technical peer review and audit systems and processes
  • Training and mentoring in conducting technical peer reviews and audits
  • Technical peer reviews concurrently with the generation of resources and reserves to provide for improved processes and reporting
  • Routine or ad hoc independent technical audits for compliance and board assurance purposes.

Contacts for this service

SRK Asia Pacific