REPORTING CODE DOWNLOADS

2016 SAMREC/SAMVAL VERSION OF THE CODES ARE MANDATORY FROM 1 JANUARY 2017
  • Fortification on two fronts-Courtesy of SRK Consulting

    Fortification on two fronts-Courtesy of SRK Consulting

  • Loading up-Courtesy of SRK Consulting

    Loading up-Courtesy of SRK Consulting

  • Exploration drilling on a Lithium Project-Courtesy of SRK Consulting

    Exploration drilling on a Lithium Project-Courtesy of SRK Consulting

  • Slope Facies VCR overlain by amygdaloidal Klipriviersberg Lava, West Driefontein Gold Mine

    Slope Facies VCR overlain by amygdaloidal Klipriviersberg Lava, West Driefontein Gold Mine

  • 710ct diamond from Tchikapa River, DRC

    710ct diamond from Tchikapa River, DRC

  • Bulk Sampling

    Bulk Sampling

  • Exploration drilling

    Exploration drilling

  • Resource modelling

    Resource modelling

  • SAMCODES Launch (JSE, May 2016)

    SAMCODES Launch (JSE, May 2016)

  • SAMCODES

    SAMCODES

  • Sustainable mining

    Sustainable mining

  • TauTona Mine (AngloGold Ashanti)

    TauTona Mine (AngloGold Ashanti)

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Latest News

  • Evolution of the SAMREC Code Logo in its 25th Anniversary Year

    SAMREC 25 08042025
    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.

    new logos 08042025

  • Industrial Mineral Guidelines Breakfast Launch

    Guidelines Breakfast Launch 08042025 b

    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.

  • Change the date of this SAMREC 25th anniversary celebration

    SAMRECSAMVAL Change of Date 13032025

  • Approved CRIRSCO ESG Guide is now available

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

  • SAMREC Survey Request

    SAMREC Survey Request 13102025

    In September 2025, the SAMCODES Standards Committee (SSC), in conjunction with the Geological Society of South Africa (GSSA) and the Southern African Institute of Mining and Metallurgy (SAIMM) will be celebrating the 25th anniversary of the SAMREC Code (which was launched in March 2000). This will form part of the “Introduction to SAMREC/SAMVAL and the JSE Listing Requirements” workshop to be held as a hybrid event on 2-3 September 2025 (at the Johannesburg Country Club, Auckland Park)

    We would ask all who have authored CPRS and other (public and/or private) technical reports in compliance with the SAMREC Code since March 2000 (or since they started business) to please provide us with the number of such documents; we don’t need anything more than the total number of SAMREC compliant documents authored. The purpose of this enquiry is to show widespread acceptance and usage of SAMREC. While the JSE Readers Panel has reviewed 282 SAMREC compliant Public CPRs over 25 years, we believe that the total number of such documents is significantly larger.

    We would be grateful if you could send us this information at your earliest convenience, but before June 2025. Please send it to: Rob Ingram (jsereader@gmail.com) and cc to Tania Marshall (marshall.tania@gmail.com).

    Organising Committee of the 25th Anniversary of the SAMREC Code

  • Register for the Industrial Mineral Guidelines Breakfast Launch

    Industrial Mineral Guidelines Breakfast Launch Banner 26022025

    Register here...

  • Listen to the podcast on the SAMREC Code by Nicole Wansbury and Ken Lomberg

    Listen here...

    Samrec banner 26022025

  • Exploring SAMREC and SAMVAL Codes: A Comprehensive Overview for Young Mining Professionals

    Samrec course Banner 31012025

    The Workshop will now take place at the Visitor’s Centre Auditorium, Impala Platinum, Rustenburg.

    The objective of the Workshop is to supply the participants with the basics of the SAMREC and SAMVAL Codes. It intends to provide the professionals with a better understanding and appreciation of the South African reporting codes.Sufficient detail will also enable the mining engineer to benefit from this Workshop as real issues are raised during the course. The Workshop will be broken into four - 30 minute sessions structured to comprise of a basic introduction of the Codes and key definitions and principles.The second and third session will introduce the SAMREC and SAMVAL Codes and their application in Public Reporting. The final session will provide a number of case studies thereby enabling participants to fully benefit from the sessions.

    Kindly note, registration closes on 26 March 2025. Please note late registrations will incur a R500 administration fee for registrations received after the closing date.

    MORE ABOUT THE EVENT HERE...

     

  • The SAMESG Quarterly Quiz results

    SAMESG Quiz without borderThe SAMESG Quarterly Quiz is NOW live! Test your SAMESG knowledge and challenge yourself with our latest quiz, available exclusively on the SAMCODES app. Check out our SAMCODES App User Guide for step-by-step instructions: https://lnkd.in/emT8976z

    SEE THE QUIZ RESULTS HERE...

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  • SAMCODES App

    SAMREC competence quiz 06092022SAMCODES 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

     

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Reporting Standards

Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves and SAMCODES STANDARDS COMMITTEE (SSC)
Friday, 29 January 2016 10:14

Attracting finance for exploration and mining ventures is a critical part of the resource business environment today, and there are a number of finance options available, including accessing private equity. With the increase in the number of non-listed (private) companies and individuals seeking to obtain financial assistance, it is important to appreciate that issues of public reporting are not confined to listed companies only. Under all circumstances, if Exploration Results, Mineral Resources and/or Mineral Reserves are reported publically (as defined in the SAMREC Code of 2016), and if said report is claimed to have been compiled in accordance with any of the SAMREC, SAMVAL or SAMOG Codes, then the report and the author are subject to the minimum standards and requirements of the relevant Code as well as the complaints procedure of the SAMCODES Standards Committee (SSC).

What is a Public Report

SAMREC Code Clause 3:

Definition

Public Reports are reports prepared for the purpose of informing investors or potential investors and their advisers on Exploration Results, Mineral Resources or Mineral Reserves. They include, but are not limited to, annual and quarterly company reports, press releases, information memoranda, technical papers, website postings and public presentations.

These Public Reports may be in printed or electronic media (including social media) and will include JSE circulars, reports as required by the Companies Act and reports for other regulatory authorities or as required by law.

Public Reporting refers to any documentation which may find its way into the public domain. It refers not only to reporting or documentation by companies listed on a Securities Exchange, but also includes documents compiled by/for private companies or individuals.

While every effort has been made within the Code to cover most situations likely to be encountered in Public Reporting, there may be occasions when doubt exists as to the appropriate form of disclosure. On such occasions, users of the Code and those compiling reports to comply with the Code should be guided by its intent, which is to provide a minimum standard for Public Reporting and the guidelines of materiality, transparency and competence, and to ensure that such reporting contains all information which stakeholders, interested parties, investors and their professional advisers would reasonably require, and reasonably expect to find in the report, for the purpose of making of a reasoned and balanced judgment regarding the Exploration Results, Mineral Resources or Mineral Reserves being reported.