Conference Proceedings
                        Tenth International Mining Geology Conference 2017
Conference Proceedings
                            Tenth International Mining Geology Conference 2017
Public reporting - new standards or no standards?
                            
The efficiency of the Australian and New Zealand stock exchanges relies on a fully informed market: shareholders and investors are fully and transparently informed of all material information relating to the shares. These principles of transparency and materiality are similarly core to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). The JORC (Joint Ore Reserves Committee) Code also includes a principle of competency to ensure that the person providing the material information for public disclosure is suitably qualified and experienced.Since its inclusion into the ASX (Australian Securities Exchange) Listing rules in 1989, the JORC Code has continually improved and evolved in attempts to meet the market's need for competent, transparent and informed disclosure. The quality and effectiveness of Public Reporting in accordance with the JORC Code is under constant challenge: some practitioners argue there is insufficient regulation, while others argue the need for greater self-regulation.This paper contributes to that discourse by exploring how well the Reporting expectations are met, and, whether Public Reporting in accordance with the JORC Code has a material impact on share-price movement.CITATION:Sterk, R and Coombes, J, 2017. Public reporting - new standards or no standards?, in Proceedings Tenth International Mining Geology Conference 2017, pp 423-432 (The Australasian Institute of Mining and Metallurgy: Melbourne).
                        
                    
                        
                                    
                                        Contributor(s):
                                    
                                    R Sterk, J Coombes
                                
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                                - Published: 2017
- PDF Size: 0.796 Mb.
- Unique ID: P201707049
