Early one recent morning, while you were sleeping, Congress was wide awake, putting into law increased reporting requirements and exposure for large mine operators and those with large parent companies. On June 25, at 5:07 a.m. to be exact, House and Senate conferees emerged from an all-nighter with an overhaul of the U.S. financial regulatory system. Tucked inside,were a series of provisions imposing new requirements not on banks, but on mines. The new requirements became law on July 21, 2010.
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Reprinted with permission from Aggregates Manager Magazine.