Abstract
The 1999 edition of the Australasian code for reporting of mineral resources and ore reserves (the JORC code) became effective in September, 1999, and is the latest revision of a code that was originally issued in 1989, but has an ancestry dating back to the first JORC report released in 1972. The JORC code has been operating successfully for more than ten years and, together with complementary developments in stock exchange listing rules, has brought about substantially improved standards of public reporting by Australasian mining and exploration companies. The code is now regarded as the world leader in this field; other countries use it as a template for their own reporting standards and it gives Australia a leading role in the development of international reporting standards. The reasons for the success of the code are varied, foremost among them being its adoption in full by the Australian and New Zealand Stock Exchanges and the ability and willingness of mining-industry organizations to bring 'Competent Persons' to account when necessary.
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