The Internation Valuation was hosted by the SAIMM and the SAMVAL Committee in collaboration with IMVAL, AusIMM, CIMVAL and VALMIN from 1 October to 3 October 2025 at the Maslow Hotel in Sandton, Johannesburg. The conference includes a masterclass on Day 1 and the Conference on day 2 and 3. The Conference highlighted mineral asset valuation methodologies and best practices in the context of an uncertain and rapidly changing landscape. Over 80 delegates participated in this event.

The SAMREC/SAMVAL Compliance and JSE Reporting Workshop, held at the Johannesburg Country Club on 29–30 September 2025, where the GSSA welcomed 80 delegates from across the mining and exploration sectors. The two-day event provided essential training for Competent Persons, covering the SAMREC and SAMVAL Codes, reporting standards, valuation approaches, and regulatory updates. Highlights included a celebration of 25 years of the SAMREC Code and engaging panel discussions on professionalism and the relevance of the codes.

The SSC was invited to participate in Day 2 of the annual DMPR workshop, where Tania Marshall, Joseph Mainama, and Sifiso Siwela delivered a comprehensive presentation to an audience of 20 regional managers from across South Africa. The session was chaired by Khangwelo Mphaphuli, who also serves as the DMPR representative on the SSC. Key topics covered included:

• Recent developments in the SAMCODES framework
• Updates to the Industrial Minerals Guidelines
• Best practices in bulk sampling and reporting of Diamond Resources
• An overview of the state of diamonds in South Africa

The session fostered valuable engagement, with participants providing constructive feedback and recommendations to support the ongoing evolution of the DMPR’s strategic direction.

As part of GeoCongress 2025, the SSC hosted an Introduction to SAMCODES workshop aimed at equipping participants with a foundational understanding of international mineral reporting codes and their relevance within the South African context.
Presented by Nicole Wansbury, Tania Marshall, and Sifiso Siwela, the session covered:

• The history and significance of the SAMCODES
• Principles of public reporting for Exploration Results, Mineral Resources, and Mineral Reserves
• Fundamentals of mineral asset valuation
• The role of the Competent Person
• The GSSA’s function as a Recognised Professional Organisation (RPO)

The workshop attracted 20 participants from both industry and academia, fostering meaningful dialogue and knowledge exchange.

The in-person workshop on Introduction to the SAMREC and SAMVAL Code came to life at the Visitor’s Centre Auditorium, Impala Platinum in Rustenburg, on Thursday, 27 March 2025. Led by Prof Steven Rupprecht, the session drew a full house with 90 enthusiastic delegates eager to deepen their understanding of the Codes.

As we celebrate the 25th Anniversary of the SAMREC Code, we have introduced a refreshed logo that symbolises our ongoing commitment to mineral reporting and the evolving role of minerals in a sustainable future.

• The Continent: This element represents the wealth of minerals found in our land. Many of these minerals are essential for modern technologies, particularly those that enable the transition to renewable and green energy.
• The Orbit: This continuous loop signifies the SAMCODES Committees' ongoing influence, engagement, and collaboration within the mining industry. It reflects our dedication to maintaining global best practices in mineral reporting and ensuring that our standards remain relevant in a changing world.

This new design not only commemorates 25 years of the SAMREC Code’s impact but also highlights its role, as well as the role of the SAMVAL and SAMOG Codes, in shaping the future of the mining and minerals industry.

The hybrid launch of the Industrial Minerals Guideline was held on 6 March 2025 at the Minerals Council South Africa offices in Rosebank, Johannesburg. The event was attended by 11 participants in person and 34 online. It featured active engagement and robust discussion among attendees.

• Download the Final Industrial Minerals Guideline
• Listen to the recording

The Canadian Securities Administrators (CSA) published proposed replacement (“the Proposal”) of NI43-101 to enhance CSA’s current mineral disclosure to provide investors with more relevant and improved disclosure. The Proposal closed for comment on 10 October 2025

The link below points to a video presentation by Craig Waldie, Senior Geologist with the Ontario Securities Commission on proposed changes to NI 43-101.  The presentation was delivered to the Global Geoscience Professionalism Group (GGPG, where SSC Member Tania Marshall is currently the Chair) Members’ Meeting in July. It is available on the GGPG YouTube Channel here.

The approved CRIRSCO ESG Guide is now available. Please click here for the guideline.

SAMCODES have an App that allows one to access and search the SAMREC, SAMVAL and SAMOG codes, the JSE Section 12 Listing Rules as well as SAMESG and the Diamond/Precious Stones Reporting Guidelines. It is now possible to have the SAMREC, SAMVAL and SAMOG Codes in your pocket so that it can be available at any time and you don’t have to search through a PDF to find the detail you need. Download it from your preferred App Store Now.

PLEASE HAVE A GO AT THE NEW SAMREC COMPETENCE QUIZ ON THE APP