July 21, 2017
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Valuation Guidelines for Mineral Properties
In March 2003, CIM Council adopted and approved the Standards and Guidelines for Valuation of Mineral Properties (CIMVal Standards and Guidelines), as developed by the CIM Special Committee on Valuation of Mineral Properties (CIMVal).

CIMVal specifies requirements for the Qualified Valuator who is responsible for choosing the appropriate approaches and methods for the valuation of mineral properties.

Other valuation standards and guidelines have been developed in various countries, including the SAMVAL code in South Africa and the VALMIN Code in Australia.


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