Search for: "REPUBLIC MINERAL CORPORATION"
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2 Feb 2017, 5:00 am
Following the ruling, the SEC issued an order staying the compliance date for the provisions found unconstitutional and the Division of Corporation Finance issued guidance on complying with the remaining provisions. [read post]
20 Oct 2011, 10:17 am
Importantly, the Senators pointed out that Section 1502 has already spurred reforms in the region, including corporate investment in conflict-free mines in the DRC, unprecedented and long-overdue arrests of conflict minerals smugglers by the Congolese government, and regional efforts to certify conflict-free minerals. [read post]
8 Dec 2021, 8:33 am
Halter In a mixed decision for international investors, the International Centre for Settlement of Investment Disputes (ICSID) recently published a tribunal’s award finding that the Republic of Colombia breached its obligations under the Canada-Colombia Free Trade Agreement when it blocked Eco Oro Minerals Corporation’s mining project in an effort to protect a high-altitude wetland known as the Santurbán Páramo but held that Colombia did not… [read post]
21 Sep 2012, 6:51 am
The covered countries consist of the Democratic Republic of the Congo (DRC) and each country that shares an internationally recognized border with the DRC, which presently includes Angola, Burundi, Central African Republic, the Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia. [read post]
24 Aug 2012, 3:27 pm
For a two-year transition period (or four-year period for smaller reporting companies), if a Registrant is unable to determine the origin of its conflict minerals, then those products may be considered “DRC conflict undeterminable,” and while due diligence will be required, an independent audit will not be required during the transition period. (1) The “covered countries” are the Democratic Republic of the Congo, Angola, Burundi, the Central African… [read post]
6 Dec 2011, 7:47 am
At the same time, I became passionately interested in the struggles in the Democratic Republic of Congo (“DRC”), a country the size of Western Europe and the fifth richest nation in the world in terms of minerals. [read post]
19 Jan 2016, 11:08 am
Unicef estimates that there are as many as 40,000 child miners in the region. [read post]
7 Sep 2012, 2:00 am
3) ON Securities: Conflict Minerals Rules May Foster Corporate Social Responsibility - Last week, the SEC adopted final rules under Section 1502 of the Dodd-Frank Act, requiring reporting companies to disclose their use of so-called “conflict minerals” that originated in the Democratic Republic of the Congo or a nearby country. [read post]
7 Sep 2012, 2:00 am
3) ON Securities: Conflict Minerals Rules May Foster Corporate Social Responsibility - Last week, the SEC adopted final rules under Section 1502 of the Dodd-Frank Act, requiring reporting companies to disclose their use of so-called “conflict minerals” that originated in the Democratic Republic of the Congo or a nearby country. [read post]
30 Aug 2011, 4:50 pm
Thus, Deloitte urged the SEC to clarify whether the independent auditor should opine on the information contained in the Conflict Minerals Report or on the design and effectiveness of the corporate process to identify the origin of conflict minerals In its comment letter, Ernst & Young noted that the SEC proposal states that a certified audit would constitute a critical component of the company’s due diligence in establishing the source and chain of custody of… [read post]
16 Jan 2012, 8:09 pm
The Conflict Minerals Report Requirement Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires companies that utilize tin, tungsten, tantalum, and gold to conduct and disclose due diligence on their supply chains in order to identify whether the those minerals originated in the Democratic Republic of Congo (“DRC”) or adjoining countries. [read post]
7 May 2015, 11:30 am
The Conflict Minerals Rule requires companies to disclose, in SEC filings and on their Internet websites, whether they have used certain “conflict minerals” from the Democratic Republic of the Congo. [read post]
20 Mar 2019, 2:57 am
The Impact of Dodd-Frank in the Democratic Republic of the Congo” [Nik Stroop and Peter van der Windt, Cato; our longstanding coverage of the conflicts mineral fiasco] Tags: administrative law, copyright, corporate governance, Dodd-Frank, Florida, gambling, lawyers [read post]
12 Sep 2012, 5:00 am
The approach likely would reduce the willingness of companies to purchase conflict minerals and reduce funding for military groups in and around the Democratic Republic of the Congo. [read post]
5 Feb 2014, 4:30 pm
Companies must identify whether the sourcing of the minerals originated in the Democratic Republic of Congo (DRC) and bordering countries. [read post]
27 Oct 2011, 11:34 am
Section 1502 requires companies to disclose the origin of minerals purchased from the Democratic Republic of Congo and establish transparency and accountability in the mineral supply chain to help ensure that conflict minerals are not purchased by companies in the United States or abroad.The Commission official noted that the recent SEC Roundtable on conflict minerals provided very valuable input that will inform the rulemaking as the staff works to… [read post]
3 Nov 2011, 2:00 am
Here is the alert: There were a number of developments relating to corporate governance and disclosure matters in October 2011. [read post]
24 Aug 2015, 7:11 am
United Foods, Inc., 533 U.S. 405 (2001), and corporations generally have free speech rights. [read post]
1 Jan 2020, 6:51 am
” USA TODAY and the Republic “found at least 10,000 bills almost entirely copied from model legislation were introduced nationwide in the past eight years, and more than 2,100 of those bills were signed into law. [read post]
26 Mar 2012, 3:15 am
One key undertaking was the implementation of Section 1502 of the Dodd-Frank Act, which requires corporations that use other conflict minerals, such as coltan, from the Democratic Republic of Congo and surrounding states to declare this and to disclose their policies for ensuring that this use does not contribute to conflict financing or otherwise support conflict. [read post]
