Stock exchange compliance
Mineral companies and, in certain circumstances, non-Mineral companies with substantial mineral assets must comply with the listing requirements of the relevant stock exchange (and therefore also with the relevant reporting code), not only for listing purposes, but also to maintain their listing.
We advise our clients as part of the initial listing process, and also on an ongoing basis to maintain their listing in good standing. Here we focus mainly on two significant bodies of work namely the Competent Persons Report (CPR) and the Integrated Annual Report (IAR).
In addition to the minimum disclosure requirements of the IAR in terms of IFRS, listing requirements apply to the annual disclosure of pre-defined Mineral Resource and Mineral Reserve-related information minimum information in the IAR.
Our experts (Competent Persons, Competent Valuators and Qualified Persons) are experienced in compiling these submissions to comply with the minimum requirements of the relevant stock exchange and mineral reporting codes in question.
We ensure that these sections do not only comply with the requirements of the relevant stock exchange and mineral reporting codes in question, but also honour the principles of transparency, materiality, competency and reasonableness published with the appropriate consent forms.
The stock exchange initial listing process can be an overwhelming experience. With the right team and specialists involved, it can also be simple. We have played, and still play an integral part in the initial listing and ongoing reporting requirements of international mining majors and single jurisdiction mining companies such as Glencore, Thungela, Tharisa Minerals, Wesizwe Platinum and many others.