On October 31, 2018, the US Securities and Exchange Commission issued a final rule to modernize required property disclosures for mining registrants. The requirements are currently set out in Item 102 of Regulation S-K and Industry Guide 7. This Legal Update discusses key points of the Final Rule as well as its practical implications.

Read our Legal Update here.

 

The Commission announced an open meeting for October 31st in order to consider amendments related to the property disclosure requirements for mining registrants.  The proposed amendments were released in 2016. The amendments as proposed would rescind Industry Guide 7 and include the mining property disclosure requirements in Regulation S-K and align the disclosure requirements with industry and global regulatory standards.  See the meeting notice here.