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ARTICLE · 17 JANUARY 2014

Transparency Recommendations Released For Disclosing Canadian Mining Company Payments To Governments

Norton Rose Fulbright Canada LLP
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On January 16, 2014, the Resource Revenue Transparency Working Group released its final recommendations for the creation of mandatory transparency standards that would see mining companies publicly traded on Canadian stock exchanges publicly disclose payments to governments.

CanadaEnergy and Natural Resources
Norton Rose Fulbright Canada LLP
Norton Rose Fulbright Canada LLP
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On January 16, 2014, the Resource Revenue Transparency Working Group (the Working Group) released its final recommendations for the creation of mandatory transparency standards that would see mining companies publicly traded on Canadian stock exchanges publicly disclose payments to governments.

The Working Group, consisting of the Mining Association of Canada, the Prospectors & Developers Association of Canada, Publish What You Pay Canada and the Revenue Watch Institute, was formed in September 2012 with the objective of improving transparency in the mining sector in Canada and overseas. Our legal update from June 2013 provides an overview of the Working Group's background and the international movement toward increased disclosure.

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