U.S. investors to learn about dead miners

U.S. mining companies that file reports with the Securities and Exchange Commission may have to say how many workers they killed each quarter under a new rule up for discussion at the SEC. These rules look useful for those of us who as reporters, investors or everyday people like to keep an eye on corporate behavior. The new rule would also require miners to report various types of U.S. regulatory action.

The one problem I see in these rules is that they don’t explicitly apply to operations outside the USA. I already wrote the SEC to ask them to be clear that the rule about reporting deaths, at least, should apply to fatalities both inside and outside the USA, and to give the date and location of each incident.

Otto has the full SEC statement here accompanied by a bit more snark than the nice SEC folks saw fit to include. The SEC comment form is here.