The VALMIN Code sets out requirements for the technical assessment and valuation of mineral assets and securities for independent expert reports and provides guidance for petroleum assets and securities. This course will provide the fundamentals and principles of appropriate Public Reporting of technical assessment and/or valuations of mining assets in compliance with relevant laws.
The course will suit professionals working on the evaluation of mining and exploration assets and who are responsible for Public Reports that will include information about the evaluation of assets or valuation of securities.
The four week course is a collaborative, hands-on online learning experience, taking learners approximately 12 hours to complete. Please note the live sessions are not mandatory, the webinar will be recorded and available on the same day for participants who are unable to attend the live event. Course content includes:
- 90-minute webinar
- Pre-recorded videos featuring interviews with experts
- Resources such as case studies, articles, associated content
- Group discussion forums
- Learning assessments
Why the VALMIN Code?
Tuesday 23 February
11.30 – 13.00 AEDT
Interpretation and Application
Tuesday 2 March
11.30 – 13.00 AEDT
Their Application and Case Studies
Tuesday 9 March
11.30 – 13.00 AEDT
Overcoming VALMIN Code Misconceptions
Tuesday 16 March
11.30 – 13.00 AEDT
Those preparing technical assessments and economic studies (scoping, PFS and FS) for an employer or client
Advisory and Accounting groups
With valuation practices
Head office senior management and technical personnel with a responsibility for public reporting
Principal at Valuation and Resource Management
Deborah Lord is a geologist with 30 years’ global experience in the resources sector specialising exploration and resource governance and valuation. She is an Executive Member of the VALMIN Committee and Member of the AusIMM Professional Conduct Committee. Deborah is Director and Principal of Valuation and Resource Management that specialises in mineral asset valuation and management across a range of commodities. Formerly the Head of Resource Governance for BHP, Deborah managed Mineral Resources and Ore Reserves assurance across the minerals portfolio including public reporting and regulatory compliance across multiple securities exchanges (ASX, NYSE, LSE, JSE), Competent Person training and technical input into internal audit. She has previously worked at SRK Consulting, Placer Dome and WMC Resources based in Australia, South and North America
Principal, Gemell Mining Engineers
Steve Gemell has more than 40 years' experience in the mining industry, having worked throughout Australasia and in Africa, North and South America, Asia, Eastern and Western Europe. He has been Principal of Gemell Mining Engineers, an independent multi-discipline consultancy, since its formation in Kalgoorlie in 1984, and has also been an associate corporate consultant of SRK since 2016. He specialises in mineral property assessment, strategic studies and valuation, and has provided expert witness in these areas continuously for more than a decade.
His experience includes operational management in underground and open pit mining in positions from shift boss to resident manager, which has also involved the control of CIP/CIL, flotation, magnetic separation and gravity processing plants. He has subsequently held more than twenty-five executive and non-executive directorships - including the positions of technical director, managing director, and ten appointments as chairman - in ASX-listed and other active mining companies.
Steve previously held a long-term appointment as Visiting Fellow at the University of New South Wales (UNSW), and currently lectures on a casual basis to post-graduates at UNSW on mineral economics, mineral asset valuation and mine management systems. He also currently advises on mineral asset valuations and mine feasibility studies in Mongolia, on behalf of the Australian Government.
He is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), a Chartered Professional (Mining), and a Member of the American Institute of Mining, Metallurgical and Petroleum Engineers. He has been an AusIMM representative on the VALMIN Committee since 2010 and is also a VALMIN representative to the International Mineral Valuation Committee (IMVAL), which he chaired in 2018 and 2019
MRICS, MAIG, FAusIMM(CP)
SRK Consulting Principal Consultant - Project Evaluation
Jeames McKibben is an experienced international mining professional having operated in a variety of roles including consultant, project manager, geologist and analyst over more than 27 years. He has a strong record in mineral asset valuation, project due diligence, independent technical review and
deposit evaluation. As a consultant, he specialises in mineral asset valuations and Independent Technical Reports for equity transactions and in support of project finance. Jeames has been responsible for multi-disciplinary teams covering precious metals, base metals, bulk commodities (ferrous and energy) and other minerals in Australia, Asia, Africa, North and South America and Europe. He has assisted numerous mineral companies, financial, accounting and legal institutions and has been actively involved in arbitration and litigation proceedings. Jeames is a RICS Registered Valuer and Chartered Valuation Surveyor, as well as a member of the VALMIN Code Committee.
Principal Consultant, CSA Global
Ivy is a corporate governance specialist with more than 30 years’ experience in mining and resource estimation. She served as the national geology and mining adviser for the Australian Securities and Investments Commission (ASIC) from 2009–2015 and is currently Principal Consultant at CSA Global. Ivy’s experience in the mining industry in Australia and China, as an operations and consulting geologist includes open pit and underground mines for gold, manganese and chromite. As a consulting geologist she has conducted mineral project evaluation, strategy development and implementation, through to senior corporate management roles. Ivy joined the VALMIN committee in 2015.
What are the technical requirements to participate in the course? i.e. do I need a webcam, microphone, etc?
The course will be run entirely online via a cloud-based Learning Management System (LMS) which can be accessed via computer, tablet or phone. Participants will simply need to have a working Internet connection and a computer, tablet or phone with sound to access the course. The live webinars will be hosted on Adobe Connect and participants may choose to download this application to their computers or devices; however, this is an optional download and attendance via an internet browser is also enabled. Participants will not be required to have access to a webcam or microphone.
How long will the course take?
The full course is estimated to take about 12 hours of learning (approximately three hours per module). Participants will have access to the course platform for six weeks to complete all modules.
How often will the courses be run?
The first intake will commence in February 2021. Following this, we aim to run two intakes each year.
Will the course be delivered in other languages?
At the moment, the course will only be delivered in English. Live captioning can be requested for webinars – please email firstname.lastname@example.org if this is required.
Does someone have to have a prequalification of years’ experience before they can do the course?
No, the course is designed for those working on the evaluation of mining and exploration assets, undertaking technical assessments that are components of economic evaluations (Scoping Studies, Pre-Feasibility Studies and Feasibility Studies) , or responsible for Public Reports that will include information about the evaluation of assets or valuation of securities should know the VALMIN Code. The VALMIN Code provides guidance on what should be included in such studies and how to prepare a Public Report that will comply with relevant laws.
How we use your personal information and who we share it with
AusIMM has collected your personal information on this form, including your member details and credentials, title, name, organisation, position, email address, telephone number and address, image and biography (as applicable), and will use and disclose your personal information for the purpose of processing your enrolment in, and facilitating your attendance at, the course you are enrolling in or otherwise attending (Course). If you are filling in this form on behalf of another individual, you confirm that the relevant individual has consented to you providing their personal information to us.
We may use your personal information to provide you with information about the Course and our products and services, including the products and services of our third-party partners and sponsors (with your consent, if applicable), and to otherwise communicate with or manage our relationship with you in connection with the Course.
In order to deliver the Course to you, we may also use your personal information for the following purposes: (a) displaying your personal information at the Course, in a course attendees list published at the Course or displayed online in connection with the Course; and (b) sharing your personal information to our third-party providers, including online platform providers such as Cahoot Learning, IMC Information Multimedia Communication Pty Ltd, Course facilitators, Course markers, hotels, venues and/or catering companies and workshop providers and presenters who assist us to facilitate the Course (such as providers and presenters of our digital masterclasses).
We generally do not share your personal information with our sponsors, third party course providers or facilitators, but we use your personal information to create de-identified and aggregated data and may share de-identified, aggregated data with our third-party sponsors, course providers and facilitators regarding the Course.
Third-parties such as partners, sponsors, course providers and facilitators who take part in a Course may collect personal information directly from you in person or online. If you provide your personal information to such third-parties, the relevant third parties’ privacy policies will apply to such collection, use and disclosure of your personal information.
Providing us with the requested information is not required by law. If you choose not to provide us with the requested information or provide incomplete information, we may not be able to process your enrolment in the Course.
Opting out of receiving marketing materials
You have the right to opt-out of receiving direct marketing from us at any time. If at any time you wish to stop receiving direct marketing messages about the Course, the easiest way to do this is to use the unsubscribe feature in the marketing message you have received about the Course.
You can also contact us at email@example.com to opt-out of receiving direct marketing about the Course or otherwise and we can assist you to manage your marketing preferences about the marketing materials you wish to receive from AusIMM.
Australasian Institute of Mining and Metallurgy
PO Box 660
Carlton South VIC 3053
P: +61 3 9658 6100