Disclosure in reports (18A.14)
A Mineral Company must include in its interim (half-yearly) and annual reports details of its exploration, development and mining production activities and a summary of expenditure incurred on these activities during the period under review. If there has been no exploration, development or production activity, that fact must be stated.
Publication of Resources and Reserves (18A.15-18A.17)
A listed issuer that publicly discloses details of Resources and/or Reserves must give an update of those Resources and/or Reserves once a year in its annual report, in accordance with the reporting standard under which they were previously disclosed or a Reporting Standard.
A Mineral Company must include an update of its Resources and/or Reserves in its annual report in accordance with the Reporting Standard under which they were previously disclosed.
Annual updates of Resources and/or Reserves must comply with rule 18A.18.
Note: Annual updates are not required to be supported by a Competent Person's Report and may take the form of a no material change statement.