(November 30 – 11:40 ET) – The Canadian Securities Administrators are establishing a Mining Technical Advisory and Monitoring Committee, fulfilling a recommendation in the Final Report of the TSE/OSC Mining Standards Task Force.

The MTAMC’s purpose is to advise the CSA on disclosure issues raised in connection with the implementation of new disclosure standards for mining issuers, as well as the evaluation of foreign professional organizations for recognition of their members as “qualified persons” for the purposes of preparing technical reports under the new rules.

The MTAMC will also serve as a forum for continuing communication between the CSA and the mining industry. The committee will be composed of about 10 volunteers from from different sectors of the mining industry across Canada. It will meet approximately four times a year, mostly in teleconference.

The MTAMC will be co-chaired by two representatives of the CSA who will each serve a two-year term. The initial co-chairs will be Deborah McCombe of the Ontario Securities Commission and Adrianne Rubin Hawes of the B.C. Securities Commission. Representatives of The Toronto Stock Exchange and the Canadian Venture Exchange Inc. have been invited to sit on the MTAMC.

The other members of the committee will also serve two-year terms. They are expected to have extensive technical expertise and a familiarity with securities regulatory policy for the mining industry. Interested volunteers are invited to apply in writing for membership, indicating their areas of practice and relevant experience. Applications are due by December 15.
-IE Staff