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Discovery Reports

MICROMINE supports HKEx listing of mining and exploration firms

Discovery Reports

PUBLISHED : Monday, 15 October, 2012, 4:29pm
UPDATED : Monday, 27 May, 2013, 5:26pm

The Hong Kong Exchanges and Clearing (HKEx) has become an attractive venue for companies in the mining sector to draw Asian and international capital. MICROMINE supports mining and exploration companies with the compliance requirements of HKEx and is an integral partner in the migration of resource companies to new markets.

With more than 12,000 clients in more than 90 countries, MICROMINE has been trusted by Australia's mining giants for its intuitive software solutions for more than 25 years. The home-grown Australian mining expert was awarded the Microsoft Gold Partner certification last year as an independent software vendor.

Through Micromine Consulting Services (MCS), the company offers exploration management and design and resource and reserve estimation according to international standards. These include the HKEx Chapter 18 securities listing requirement for mineral companies, Canada's National Instrument 43-101 guidelines and the standards set by Australia's Joint Ore Reserves Committee (JORC). Offering 24-hour support in local languages across its 20 offices, MCS leverages its global network and extensive experience in markets such as China and Mongolia, where it is the only foreign company accredited to complete local feasibility studies.

In addition to international studies, MCS completes local studies, assisting project advancement of exploration to mining licence approval and feasibility completion. Staffed by globally experienced geologists, mining engineers and metallurgists, MCS supplies its solutions for projects across all commodities.

For the HKEx, MCS produces technical reports in partnership with valuation companies and is recognised as a technical adviser entitled to submit competent person reports. With increasing demand for its resource evaluation expertise from mining businesses planning listings or acquisitions, MCS looks to form win-win alliances with service providers including brokers, valuation companies, investors and law firms. "We are committed to Hong Kong for the long term and looking to meet the growing demand for our services," says general manager Dean O'Keefe.