Joint Comments to US SEC re Mining Disclosure Proposed Rule

Modernization of Property Disclosures for Mining Registrants 17 CFR Parts, 229, 239, and 249

MiningWatch Canada has joined 22 other groups in submitting these comments to the United States Securities and Exchange Commission's draft disclosure requirements.

From the comments:


These comments cover two areas of interest affecting the financial viability of mining projects: technical disclosures of mineral reserves and estimates, and social and environmental risks associated with new mine projects and mine expansions.

Generally, we are supportive of the technical disclosure requirements we believe represent a major step forward in the accuracy and level of detail during the exploration and investment phase of a mining project.



Earthworks Progressive Leadership Alliance of Nevada Save Our Sky Blue Waters MiningWatch Canada The Lands Council Great Basin Resource Watch Energy and Conservation Law E-Tech International Friends of the Kalmiopsis Interfaith Center on Corporate Responsibility Multicultural Alliance for a Safe Environment Voyageurs National Park Association Greater Yellowstone Coalition Friends of the Boundary Waters Wilderness Environment Caucus, Minnesota Democratic-Farmer-Labor Party Helen Jaccard WaterLegacy Izaak Walton League of America - Minnesota Division High Country Conservation Advocates Friends of the Cloquet Valley State Forest Oblate International Pastoral Investment Trust New Mexico Environmental Law Center Information Network for Responsible Mining