2019 RMCMI Tri-State Regional Meeting
August 7-8, 2019
Short Course Information
U.S. SEC's S-K 1300 Requirements for Mining Property Disclosures of Reserves including Technical Reports
The SEC has adopted amendments, effective February 25, 2019, to modernize the property disclosure requirements for mining registrants. The amendments are intended to provide investors with a more comprehensive understanding of a registrant's mining properties, which should help them make more informed investment decisions. Industry Guide 7 will be rescinded and the mining property disclosure requirements moved to a new subpart of Regulation S-K 1300. Registrants engaged in mining operations must comply with the final rule amendments for the first fiscal year beginning on or after January 1, 2021. This change is significant in the impact to the individuals responsible for reporting resources and reserves. The course will primarily focus on the required content for technical reports and the qualified persons role in the report preparation. The course will include detail coverage of the required disclosures and the estimation of engineering and geologic detail such as data validation, commodity pricing, capital and operating cost, cut-off grade, and criteria for resource and reserve classification.
Presented by: Susan Patton, PhD, P.E, Agapito Associates