EU passes transparency rules on payments to governments by miners

Jun 13, 2013 | 02:26 PM | Carmen Paun

Tags  European Parliament, Europe, transparency, mining, Jean-Claude Katende, Publish What You Pay, Democratic Republic of Congo, mining regulations Arlene McCarthy

STRASBOURG, France — The European Parliament has voted to mandate that European companies that extract nonferrous metal ores anywhere in the world must disclose payments over €100,000 ($133,140) per year made to governments starting in 2015.

The new rules are part of a reform of the European Union’s accounting directive, which has been backed by an overwhelming majority of members of the European Parliament. ....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events