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Standard mining report card gets low marks

It’s not hard to see how the mining reserve and resource reporting software developed for AngloGold Ashanti by South Africa’s Specsoft could radically change practices across the industry if widely adopted – and, in the process, the fortunes of a new firm formed to promote it.

As reported by Mining Journal last week, Australia-based Resource Governance International is seeking to raise up to $A3 million (US$2.