HEALTH AND SAFETY LAW ALERT: Mine Safety Legislation

    28 June 2010
    1) Despite expressions of concern registered over the last few weeks, news sources are reporting that the financial reform bill, agreed to in the Congress on June 25, 2010, contains the Rockefeller / Byrd reporting provisions we alerted you to in a prior email. The provisions will require companies that file SEC reports and operate mines to report mine safety data in SEC filings, including the number of: S&S violations; 104(b) orders; unwarrantable failure actions; flagrant violations; imminent danger orders; dollars in proposed assessments; and mining-related fatalities. The legislation also reportedly requires filing companies to list mines that receive a pattern of violations notice, or have the potential for a pattern, and report actions pending before the Review Commission.