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Mineral deposits are getting increasingly hard to find and, in some instances, develop. Exploration companies are having to either pick over previously explored ground, explore in more far-flung jurisdictions or explore in increasingly more remote areas of traditional jurisdictions.
Environmental, social and governance (ESG) requirements are impacting on the viability of projects.
International reporting standards for Exploration Results, Mineral Resources and Ore Reserves are becoming more prescriptive as each of the national reporting codes are updated.
At this year's Resource Connect Asia conference, SRK's Principal Geologist, Michael Lowry discussed current and future geoscience and regulatory challenges for exploration and mining projects.
A common approach to evaluate a new software application is to compare its results with those from a widely-accepted software platform. This evaluation is especially important in the selection of software employed in mineral resource estimation, given the results are used for long-term mine planning, financial decision-making and public reporting.
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