The Society for Mining, Metallurgy & Exploration (SME) hosted a briefing with US Representative of Colorado, Doug Lamborn, chairman of the Subcommittee on Energy and Mineral Resources, at its international headquarters in Englewood, Colorado.
The briefing was for over 25 Colorado-based mining companies, consultants and equipment suppliers.
National minerals policy
Lamborn’s subcommittee oversees energy production and mining on federal lands. Lamborn, Republican representative for Colorado’s 5th Congressional District, discussed the need to strengthen and improve national mineral minerals policy and ensure domestic availability of certain minerals that he sees as essential to national security and economic stability.
SME’s executive director, David Kanagy, said, “As the largest professional society in the mining industry, SME is pleased to provide a forum for unfettered access to industry experts that the Chairman needs to male informed decisions regarding public policy and mining.”
Lamborn discussed the National Strategic and Critical Minerals Production Act of 2013. The act it on its way to a floor vote in October.
His comments also addressed recent oversight hearings his subcommittee held on abuse of the Endangered Species Act, pressured on coal mining in the Powder River Basin (PRB) and Appalachia, and the importance of mining jobs to the US economy.
Throughout the briefing, Lamborn indicated that he hoped to streamline the seven to ten year mining permitting process, arguing doing so would make the US a more competitive minerals market when compared with other more progressive pro-mining countries.
Canada and Australia have a two to three year permitting process.
Resource and reserves disclosure policy
In the briefing, Lamborn said he was committed to helping SME in its efforts to influence the Securities Exchange Commission to modernise its rule making on Industry Guide 7, its basic resource and reserves disclosure policy for US based mining operations.
Adapted from press release by Sam Dodson
Read the article online at: https://www.worldcoal.com/coal/23082013/doug_lamborns_mining_agenda_330/