Hendrik Falck, Geology and Royalty Policy Manager, Government of the Northwest Territories
Hendrik has been living and working as a geologist in Yellowknife since 1990. He graduated from Carleton University with a Master’s degree in 1990, following the completion of a Bachelor’s degree at the University of Toronto. After arriving in Yellowknife to study gold showings for the Government of the NWT, Hendrik has worked as an exploration geologist, for a variety of companies including consulting firms, junior and major companies. Returning to the government, has allowed Hendrik to pursue research opportunities that spanned a diversity of mineral deposits throughout the north including Alaska, Yukon, Nunavut, and northern Greenland.
Currently, Hendrik is developing royalty policy to accompany the recently passed Minerals Act for the Northwest Territories, expanding his understanding of resource management systems as well as working cooperatively with Indigenous government organizations. Recently he was awarded the 2020 Canadian Professional Geoscientist Award to recognize the achievements of an outstanding contribution to the development and practice of professional geoscience.
This presentation outlines the fundaments of the United Nations Framework Classification for Resources (UNFC) concerning Minerals Projects. The UNFC is a resource project based and principles-based classification system for defining the environmental-socio-economic viability and technical feasibility of projects to develop resources. The classification system provides a consistent framework to describe the level of confidence of the future quantities produced by the project for a wide variety of resource types. The purpose of using UNFC to classify mineral projects, including metal ores, industrial minerals, evaporites, aggregates and solid energy minerals such as coal and others is to demonstrate their alignment with the Sustainable Development Goals (SDGs). Using the UNFC, the risks associated with mineral deposits can be effectively compared with other project sources including those that focus on solar, wind, geothermal, hydro-marine, bioenergy, injection for storage, hydrocarbons, nuclear fuels and water. The sources may be in their natural or secondary (anthropogenic sources, tailings, etc.) state. When used to its full capacity the UN classification system can be used to identify the projects that are exceptional in an environment of sustainable, and innovative technologies and advanced resource management tools.
The application of UNFC is intended for policymakers, and those responsible for government resource management. But it will also be of interest to those responsible for internal corporate resource management, and financial reporting, especially for users that wish to ensure the realization of the SDGs.
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