CSA Seeks Commentary On Modernizing National Instrument 43-101

On April 14, the Canadian Securities Administrators (CSA) announced a request for comment from stakeholders regarding potential updates to the mineral disclosure requirements in National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101 or the Instrument), with an emphasis on the form requirements for technical reports.

What you need to know

• Need to address changing industry dynamics. The CSA believes that given significant changes in the mining industry globally, including updates to the mineral disclosure regimes of other significant jurisdictions, as well as accumulated feedback from industry stakeholders, it is appropriate to undertake a review of key provisions of NI 43-101. The review will consider ways to update and enhance the current mineral disclosure requirements, to provide investors with more relevant and improved disclosure, while continuing to foster fair and efficient capital markets for mining issuers.