NI 43-101
A Canadian rulebook that sets out exactly how mining companies must tell the public what they have found in the ground.
Tecnicamente: National Instrument 43-101 is a Canadian securities regulation that governs the disclosure of scientific and technical information about mineral projects to the public. It requires all technical disclosures to be prepared by or under the supervision of a qualified person as defined in the instrument, and it mandates specific report formats for resource and reserve estimates. Companies listed on Canadian exchanges must comply with NI 43-101; its definitions of resource and reserve categories are aligned in structure with JORC and the CRIRSCO family of codes, though procedural and disclosure requirements differ in detail.
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net import reliance
A measure of how much of a country's supply of a material has to come from other countries because it does not produce enough at home to meet its own needs.
Tecnicamente: Net import reliance (NIR) expresses a country's dependence on foreign sources for a commodity as imports minus exports, adjusted for changes in government and industry stock levels, divided by apparent consumption — typically reported as a percentage. A positive NIR indicates net import dependence; a value at or near the full percentage indicates the country produces virtually none domestically. The measure is used in supply-risk assessments to identify materials where a disruption to international trade flows would constrain domestic consumption. It is a structural indicator and does not distinguish between supply from allied and non-allied trading partners, which limits its use as a standalone risk metric.
Markets