Industry Guide 7 definition

Industry Guide 7 means the Securities and Exchange Commission’s Industry Guide 7 – Description of Property by Issuers Engaged or to be Engaged in Significant Mining Operations.
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Industry Guide 7 means the SEC’s Industry Guide 7;
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Industry Guide 7 means the Commission’s Industry Guide 7 under the United States Securities Act of 1933, as amended.
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Examples of Industry Guide 7 in a sentence

  • Under SEC Industry Guide 7 standards, a “final” or “bankable” feasibility study is required to report reserves.

  • The reserve information contained in Randgold’s annual report on Form 20-F for the year ended December 31, 2008 is in accordance with the SEC’s Industry Guide 7.

  • For United States reporting purposes, Industry Guide 7 (under the US Securities Exchange Act of 1934), as interpreted by the Staff of the SEC, applies different standards in order to classify mineralization as a reserve.

  • Such letter and its contents were prepared in accordance with the applicable requirements of the Act and the Exchange Act, including Industry Guide 7 of the Commission.

  • We cannot be certain that any deposits at our properties will ever be confirmed or converted into SEC Industry Guide 7 compliant “reserves.” Investors are cautioned not to assume that all or any part of any “resource” estimates will ever be confirmed or converted into reserves or that they can be economically or legally extracted.

  • The estimates of the Parent’s phosphate rock reserves have been prepared in accordance with Industry Guide 7 promulgated by the Securities Exchange Commission (the “Commission”) and in a manner consistent and in compliance with the standards and definitions pertaining to the reporting of mineral reserves promulgated by the Commission.

  • In accordance with the SEC’s Final Rule 13-10570, Modernization of Property Disclosure for Mining Registrant, the SEC has adopted final rules, effective February 25, 2019, to replace SEC Industry Guide 7 with new mining disclosure rules (the “Mining Disclosure Rules”) under sub-part 1300 (Title 17, Part 229, Items 601 and 1300 until 1305) of Regulation S-K of the Securities Act (“Regulation S-K 1300”).

  • Regulation S-K 1300 replaces the historical property disclosure requirements included in SEC Industry Guide 7.

  • When proven and probable reserves as defined by SEC Industry Guide 7 exist, development costs are capitalized.

  • To date, these properties do not contain proven and probable reserves as defined by SEC Industry Guide 7 and, as a result, the exploration and evaluation expenditures are expensed under U.S. GAAP.

Related to Industry Guide 7

  • Treasury guidelines means any guidelines on supply chain management issued by the Minister in terms of section 168 of the Act;

  • User Guide means such user guide or document issued or prescribed by us, through any medium, setting out instructions on the use of the EB Services;

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and ▇▇▇ Credits” published by the Bank in May 2004 and revised in October, 2006.

  • User Guides mean the online English language user guides for the Cloud Service, accessible via login at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ (under “Help”) or included in the Oracle documentation identified under the “NetSuite Applications” heading available at ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇▇.▇▇▇/en/, as updated from time to time.

  • Industry Standards means security measures that are commercially reasonable in the information technology industry and that are designed to ensure the security, integrity, and confidentiality of Accenture Data, and to protect against Security Incidents.