1. This Guidance is issued under section 15(2) of the Financial Services and Markets Regulations 2015 (“FSMR”). It should be read in conjunction with FSMR, the Markets Rules (“MKT) of the Financial Services Regulatory Authority (“FSRA”) and the FSRA’s Guidance & Policies Manual.
2. This Guidance is published to assist Issuers, Listed Companies, Reporting Entities (and their advisors) to comply with the disclosure requirements contained in Chapter 11 of MKT , which relate to Minerals activities. Chapter 11 of MKT is intended to align ADGM’s listing framework for the disclosure of Minerals activities with recognised global industry standards, as well as promote consistency in, and the quality of, disclosures made in relation to Mining activities.
3. The disclosure framework for Mining Reporting Entities in Chapter 11 of MKT is substantially driven by three Mining Reporting Standards; the JORC Code, the SAMREC Code and NI 43-101 and the CIM Standards. These Mining Reporting Standards set guidelines that provide for standardised definitions and a comprehensive classification system for Mineral Resour...