SME Guide For Reporting Exploration Information, Mineral Resources and Mineral Reserves


The 2017 SME Guide for Reporting Exploration Results, Mineral Resources, and Mineral Reserves has been adopted by the Society for Mining, Metallurgy, and Exploration, Inc. (SME) and is therefore strongly recommended to be used by members of this organization. The Guide is recommended as a minimum standard for reporting Exploration Results, Mineral Resources and Mineral … Continue reading SME Guide For Reporting Exploration Information, Mineral Resources and Mineral Reserves

wrong, something is very wrong


RISK UNDERVALUATION IN MINERAL PROJECTS Reporting to markets should (have to!) be complete, independent and competent. Risk is a key factor; in most cases, along with commodity price, the most important variable defining a project’s value. The importance of a good estimate of the risk measure (the discount rate in DCF models) cannot be overemphasized. … Continue reading wrong, something is very wrong

In Maputo (Mozambique) next week


I will be in Maputo (Mozambique) next week (Monday to Wednesday, the 4th to the 6th April), focused on the country’s mineral industry. It’s a short stay and, unfortunately, limited to Maputo but it’s an opportunity to meet an talk about exploration and mining projects and opportunities (especially about, but not limited to, gems and diamonds, tantalite and … Continue reading In Maputo (Mozambique) next week

USGS Tantalum report (just published)


Two years ago I was involved in a very interesting tantalum project in the Republic of Congo (Brazzaville) – photo gallery here. I have since then followed with attention this metal’s market news (and its idiosyncrasies, being one of the 3TG minerals – subject to control under the conflict minerals framework). USGS just published a … Continue reading USGS Tantalum report (just published)