Summary
This 8-K filing from Newmont Corporation, filed on July 1, 2011, addresses a reportable event related to mine safety as mandated by the Dodd-Frank Act. Specifically, it details a temporary "imminent danger" order issued by the Mine Safety and Health Administration (MSHA) to an independent contractor, High Mark Construction LLC, at Newmont's Emigrant project site on June 27, 2011. The order concerned alleged non-compliance with brakes and seatbelts on scrapers. Importantly, the filing clarifies that the verbal order was issued without a full inspection. Following an inspection, the seatbelts were found to be compliant, and a prompt adjustment was made to the brakes on one scraper, leading to the termination of the order. Newmont emphasizes that no accidents or injuries occurred, and there was no material adverse impact on the company as a result of this incident. This disclosure is primarily for compliance with Section 1503 of the Dodd-Frank Act.
Key Highlights
- 1Newmont is filing this report to comply with Section 1503 of the Dodd-Frank Act, which requires disclosure of "imminent danger" orders from MSHA.
- 2An independent contractor, High Mark Construction LLC, received a verbal "imminent danger" order from MSHA on June 27, 2011, at the Emigrant project site.
- 3The order alleged non-compliance with brakes and seatbelts on scrapers, and was issued without a prior inspection.
- 4Subsequent inspection found seatbelts to be compliant.
- 5A prompt adjustment was made to the brakes of one scraper, leading to the termination of the order.
- 6No accident or injury occurred at the site.
- 7The company states there was no material adverse impact resulting from this event.