CRIRSCO Committee for Mineral Reserves International Reporting Standards

What CRIRSCO Committee for Mineral Reserves International Reporting Standards does

CRIRSCO (Committee for Mineral Reserves International Reporting Standards) is an international voluntary standards body founded in 1994 that develops and harmonizes public reporting standards for mineral exploration results, mineral resources, and mineral reserves. Its core product is the International Reporting Template (IRT), updated most recently in June 2024, which consolidates minimum standards from 16 aligned national and regional reporting codes covering Australasia (JORC), Brazil, Canada (CIM), Chile, China (CAMRA, joined October 2025), Colombia, Europe (PERC), India, Indonesia, Kazakhstan, Mongolia, Philippines, Russia, South Africa (SAMREC), Turkey, and the United States (SME). The combined listed mining capital of these jurisdictions represents over 80% of the global listed mining industry's market capitalisation.

The organization's core technology is the CRIRSCO-UNFC Bridging Document, which maps the CRIRSCO Template terminology to the United Nations Framework Classification for Resources, enabling alignment between corporate market-related disclosure and government mineral inventory systems. CRIRSCO also maintains 16 standardized definitions for resource and reserve categories (Exploration Targets, Measured, Indicated, Inferred Mineral Resources, Proved, and Probable Mineral Reserves) adopted across member codes. Governance is volunteer-based, comprising 32 representatives across the National/Regional Organisations.

CRIRSCO's business model is non-commercial and standards-body oriented. The International Reporting Template and all national codes are distributed as free PDF downloads via crirsco.com with no licensing fees or paywalls. Operational and administrative support is provided by the International Council for Mining and Metals (ICMM) under three-year Memoranda of Understanding; CRIRSCO has held Strategic Partner status with ICMM since October 2009. The only direct revenue identified is paid registration for annual events such as the CRIRSCO Minerals Reporting Colloquium (AUD $150 full / AUD $75 student). CRIRSCO is accredited by the United Nations Economic Commission for Europe (UNECE) and the International Accounting Standards Board (IASB), reinforcing its role as the de facto international benchmark for minerals reporting.

Name

CRIRSCO Committee for Mineral Reserves International Reporting Standards

Legal name

CRIRSCO Committee for Mineral Reserves International Reporting Standards

Website

https://crirsco.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

CRIRSCO is a volunteer international standards body that develops and harmonizes mineral reserves and resources reporting templates adopted across 16 member countries representing over 80% of global listed mining capital.

Ownership category

akta.pro rank

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. ICMM Administrative and Financial Support: CRIRSCO receives ongoing financial and administrative support from the International Council for Mining and Metals (ICMM) via a series of three-year MOUs. ICMM provides operational funding enabling CRIRSCO to maintain its secretariat functions and advance its mission of standardizing mineral reporting codes globally.

Pricing tiers

Distribution channels3 records

Marketing channels9 records

Core offering

CRIRSCO develops and maintains the International Reporting Template (IRT), an internationally recognized template for public reporting of Exploration Results, Mineral Resources and Mineral Reserves. The IRT consolidates minimum standards drawn from CRIRSCO-style national/regional reporting codes across 16 member countries/regions (including JORC, CIM, SAMREC, PERC, SME, and others). CRIRSCO also coordinates harmonization of these codes, manages the CRIRSCO-UNFC Bridging Document for alignment with United Nations classification systems, and accredits National Reporting Organisations (NROs) responsible for administering the codes in each member country.

Product overview

CRIRSCO (Committee for Mineral Reserves International Reporting Standards) is an international standards organization, not a software product company. The organization's primary offering is the CRIRSCO International Reporting Template (IRT) - a document template that serves as an international standard guideline for public reporting of mineral exploration results, mineral resources, and mineral reserves. The portfolio consists of the core IRT document plus 16 national/regional reporting codes adopted by member countries including Australasia (JORC), Canada (CIM), USA (SME), South Africa (SAMREC), Europe (PERC), Chile, China (CAMRA), Colombia, India, Indonesia, Kazakhstan, Mongolia, Philippines, Russia, Turkey, and Brazil. Supporting offerings include the CRIRSCO-UNFC Bridging Document for alignment with United Nations classification systems and training materials from technical events.

Differentiator

Problem solved

Functional benefit

Products and services

• CRIRSCO International Reporting Template (IRT)
• Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code)
• CIM Definition Standards for Mineral Resources and Reserves
• South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code)
• Pan-European Standard for Reporting of Exploration Results, Mineral Resources and Reserves (PERC)
• SME Guide for Reporting Exploration Results, Mineral Resources and Mineral Reserves
• Certification Code for Exploration Prospects, Mineral Resources and Ore Reserves (Chile)
• Indian Mineral Industry Code (IMIC)
• Indonesian Code of Reporting Exploration Results, Mineral Resources and Mineral Reserves
• Code of Public Reporting on Exploration Results, Mineral Resources and Reserves of Kazakhstan (KAZRC)
• Mongolian Code for the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves
• Russian Code for the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves (NAEN)
• Philippine Mineral Reporting Code (PMRC)
• National Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves Code of Turkiye (UMREK)
• Colombian Standard for the Public Reporting of Exploration Results, Mineral Resources and Reserves (CCRR/ECRR)
• CBBR Guide for Reporting Exploration Information, Mineral Resources and Mineral Reserves (Brazil)
• Chinese Code for Reporting of Exploration Targets, Exploration Results, Mineral Resources and Mineral Reserves (CAMRA Code)
• CRIRSCO-UNFC Bridging Document

Quantifiable outcome

• Represents over 80% of listed mining capital globally
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• COSMO — Stochastic Mine Planning LaboratoryminorStrategic or Co-development Partner · 2 March 2026COSMO organized a technical event at PDAC 2026 on 'Towards Probabilistic Mineral Resources and Reserves: In the Context of Project Evaluation, Reporting Standards, Audits, and Investment Decisions.' CRIRSCO supported the event, which focused on advancing stochastic and probabilistic approaches in mining resource classification and reporting.
• Association of Independent Subsoil Experts of Armenia (ISEA)coreStrategic or Co-development Partner · 15 August 2025Armenia signed an MOU with CRIRSCO on 15 August 2025 (signed in Victoria, Canada). Through this MOU CRIRSCO has recognised ISEA as the potential National Reporting Organisation (NRO) for Armenia, providing the opportunity to develop and implement national standards fully aligned with CRIRSCO's requirements for minerals reporting and governance.
• United Nations Economic Commission for Europe (UNECE)coreStrategic or Co-development Partner · 1 April 2023A joint task group was established by CRIRSCO and UNECE in April 2023 to update the Bridging Document between the CRIRSCO Template and the UNFC classification systems (originally issued in 2015). CRIRSCO is accredited by UNECE. CRIRSCO is working with UNECE's Minerals Working Group on developing joint training materials for complementary use of both systems.
• International Council for Mining and Metals (ICMM)coreStrategic or Co-development Partner · 1 October 2009CRIRSCO became a Strategic Partner of ICMM in October 2009 (previously a Task Force since 2007). ICMM provides financial and administrative support to CRIRSCO via a series of three-year MOUs, with the current MOU running until end of 2024. ICMM supports CRIRSCO's strategic goals and distributes CRIRSCO standards through its global network of mining company members.
• KPMG CanadaminorOthersKPMG Canada sponsored the CRIRSCO-supported PDAC 2026 event on probabilistic approaches to mineral resource and reserve estimation.
• KPI Mining SolutionsminorOthersKPI Mining Solutions sponsored the CRIRSCO-supported PDAC 2026 event on probabilistic approaches to mineral resource and reserve estimation.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• International Council on Mining and Metals (ICMM): ICMM is CRIRSCO's Strategic Partner and primary funding source since 2009. It operates as a broader industry leadership body covering ESG, safety and sustainable development across major mining houses, with CRIRSCO functioning as its standards-setting arm for disclosure.
• IFRS Foundation / IASB: The IASB recognises CRIRSCO codes as compatible with IFRS extractive-industries accounting standards. Comparable role as a global standards setter, but for financial reporting rather than mineral reserves disclosure.

Regional players

• Society for Mining, Metallurgy & Exploration (SME): SME administers the US SME Guide for Reporting Exploration Results, Mineral Resources and Mineral Reserves — one of the six foundational codes that fed into the CRIRSCO Template.
• South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC): SAMREC is the South African NRO whose SAMREC Code is among the six foundational national standards underlying the CRIRSCO Template.
• Canadian Institute of Mining, Metallurgy and Petroleum (CIM): CIM is the Canadian National Reporting Organisation administering CIM Definition Standards — a CRIRSCO-aligned national code. CRIRSCO's current Chairperson represents CIM, making CIM both a member and the most influential regional peer.
• Joint Ore Reserves Committee (JORC): JORC is the Australasian NRO administering the JORC Code — the original and most influential CRIRSCO-aligned national standard. It is a member of CRIRSCO and historically the template's most-cited national implementation.
• Pan-European Reserves and Resources Reporting Committee (PERC): PERC is the European NRO administering the PERC Reporting Standard across Europe. CRIRSCO's Deputy Chair represents PERC, positioning PERC as a closely-aligned regional standards body.

Direct peers

• Society of Petroleum Engineers (SPE) — PRMS: The Petroleum Resources Management System (PRMS), governed by SPE and partner societies, is the energy-extractive analogue of CRIRSCO — an internationally recognised classification standard for public reporting of oil & gas reserves. Same functional role (standardised reserves disclosure) in a parallel extractive sub-sector.
• United Nations Economic Commission for Europe (UNECE) — UNFC: The UN Framework Classification for Resources (UNFC) is the most directly comparable international classification system, addressing the same mineral/resource inventory problem from a government/inventory angle. CRIRSCO and UNECE maintain a formal Bridging Document, making UNFC the closest parallel peer.

Others

• AusIMM — Australasian Institute of Mining and Metallurgy: AusIMM co-hosts the JORC Committee and co-organises the CRIRSCO Colloquium. It functions as a supporting professional society rather than a direct standards peer but is the practitioner-membership backbone behind JORC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/crirsco

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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