PERC - Pan-European Reserves and Resources Reporting Committee

Following a series of mergers of professional institutions, the Reserves Committee set up by the Institution of Mining and Metallurgy in the UK, to set standards for reporting mineral exploration results, mineral resources and reserves has been re-constituted with a broader remit, as the Pan-European Reserves and Resources Reporting Committee (PERC).

PERC is the European equivalent of the Australasian JORC in Australasia, SAMREC in South Africa, and similar reserves standards bodies in the USA, Canada, and Chile, and with them is a constituent member of the Committee for (Mineral) Reserves International Reporting Standards (CRIRSCO - www.crirsco.com). Representation on PERC covers major and junior mining sectors, industrial minerals, aggregates, coal, the investment and financial community and the professional accreditation organisations including:-

  • the Institute of Materials, Minerals, and Mining (IOM3)
  • the International Mining & Minerals Association within IOM3
  • the European Federation of Geologists
  • the Geological Society of London
  • the Institute of Geologists of Ireland


  • Click here for PERC's terms of reference.

    Its principal activities will be:

    • to manage and update the Reporting Code, which is the successor to the former 1991 IMM code
    • to represent the European region on CRIRSCO, the international body harmonising reserves reporting standards around the world
    • to liaise with the London Stock Exchange, AIM, and other stock exchanges in Europe, to encourage them to incorporate into their rules the use of the Reporting Code in particular and CRIRSCO-compliant codes in general
    • to promote good practice in the reporting of mineral resources and reserves

    The committee's initial membership reflects the interests of its sponsoring institutions and principal sectors of the minerals industry. Membership of the committee is open to participation by other minerals-related organisations within the region.

    Further information about PERC may be obtained from chairman Wynand Kleingeld (wynand.kleingeld@googlemail.com), secretary Paul Gribble (paul.gribble@wardrop.com) or website manager Stephen Henley (stephen.henley@resourcescomputing.com).


    Downloads

    The PERC Reporting Code 2008
    This is the new version of the PERC Code, now released as of 30th January 2009.

    CRIRSCO-Russia working group
    PERC manages the CRIRSCO-GKZ working group on harmonization of Russian and international minerals reporting systems. At a meeting in Moscow on 21-22 October 2008, an agreement was signed with the Russian State Commission on Mineral Reserves (GKZ). The two main points are (a) definition of the conditions for mutual recognition of Competent Persons, and (b) preliminary alignment of the classifications and agreement to produce a detailed conversion handbook before end-2009. Downloads:-

    CRIRSCO presentation from AMEC seminar 19/11/2007

    The Reporting Code 2001
    This is the previous version of the Code. It has now been replaced by the PERC 2008 Code





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