Over 50 professionals active in the Mongolian resources sector gathered in Ulaanbaatar on 4-5 June to participate in a workshop on the Mongolian Reporting Code (MRC) – Estimation and Good Practice.
The event was organised by the AusIMM in partnership with the Mongolian Professional Institute for Geosciences and Mining (MPIGM), and funded by the Australian Government through the International Mining for Development Centre (IM4DC) program.
Participants included senior government officials, industry practitioners and academics. The program was facilitated by Peter Stoker, Deputy Chair of JORC; Dale Sims, AusIMM Board member; and Gerlee Bayanjargal, Executive Director of MPIGM and an AusIMM International Representative.
There were presentations aimed at promoting discussion on the issues of interest around the Mongolian Code for the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves (The MRC Code). These presentations drew on the MRC Code and its relationship with the MPIGM, and also on similar training on the JORC Code, as well as papers from the recent AusIMM Monograph 30 Roadshows run in Australia and New Zealand. Four Mongolian case studies where presented providing local context to the issues discussed.
There was active involvement by attendees throughout the lively debate in the extended discussion sessions of the workshop, indicating a high level of engagement with the issues discussed and providing professional development opportunities for all participants. The exercise also identified a number of opportunities to improve several aspects relating to the awareness and implementation of the MRC, including clarity about definitions and alignment with previous codes, as well as processes for recognising Competent Persons under the requirements of the MRC, both within Mongolia and internationally.
The event was one element of an increasing number of engagements between Australia and Mongolia relating to the resources sector, and marks the start of an ongoing partnership between the AusIMM and MPIGM in mutually relevant areas.