Australasian Institute of Minerals Valuers & Appraisers
COMPETENCE – REASONABLENESS – TRANSPARENCY – INDEPENDENCE – MATERIALITY
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AIMVA FAQs

FAQs - Frequently Asked Questions about AIMVA:

How will prospective Clients find out about my availability to quote on assignments?

Primarily it is through your entry on the searchable AIMVA Register on Institute’s website. Also, you may be recommended if a request is received by the Secretariat for the names of suitably qualified and experienced professional appraisers/valuers for a particular assignment. AIMVA will actively promote and advertise itself in the marketplace as a source of highly competent appraisers/valuers, holding seminars/conferences and encouraging its members to publish papers that demonstrate the high level of the ability of AIMVA's members.

What are the post-nominals I can use?

'MAIMVA' for Members with Certified Minerals Valuers able to use 'CMV' and Certified Professional Appraisers entitled to use ‘CPA’; or 'AAIMVA' for Associate Members.

What is the difference between a mineral property/asset Appraiser and a Valuer?

'Appraisers' do not value mineral prospects, projects or mines. Rather, they carry out non-conflicted expert technical assessments and audits, reviews of scoping and feasibility studies and audits of mineral resources/ore reserves. Their reports are compliant with the relevant industry Best Practice Codes that are required by the law and regulators, here or abroad (eg, ASX/NZX Listing Rules, ASIC/FMA, ATO/IRD, JORC/CRIRSCO Codes, VALMIN Code, NI 43-101/CIMVal Codes/CIM Definition Standards, SAMREC/SAMVAL Codes, SME Guide/SEC 7, IVSC, IASB, IFRS, etc).

'Valuers' use Appraisers’ technical assessments as the basis or minimum technical standard on which to estimate a market value of the mineral asset. They use appropriate, recognised and rational mineral valuation methodologies in order to produce reliable and reasonable valuations which will be readily accepted in the marketplace in all jurisdictions. Their reports are also compliant with the relevant industry Best Practice Codes that are required by the law or a regulator, here or abroad.

AIMVA's members actively engage in Continuing Professional Development, so that they are always abreast of current appraisal and valuation issues and developments.

Will my Qualifications be recognised in international jurisdictions?

The Board will actively seek recognition of AIMVA membership and qualifications by overseas regulators in relevant mining jurisdictions.