Boardroom Alpha
10-Q primary document
MTX · Quarterly Report (Form 10-Q) · Filed May 1, 2026

Minerals Technologies Inc10-Q exhibit

exhibit95.htm
Exhibit 95
 
Section 1503 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K contain certain reporting requirements regarding coal or other mine safety.  The Company, through its subsidiaries Specialty Minerals Inc. and American Colloid Company, operates twelve mines in the United States.  The operation of our mines is subject to regulation by the Federal Mine Safety and Health Administration (“MSHA”) under the Federal Mine Safety and Health Act of 1977 (the “Mine Act”).  MSHA inspects our mines on a regular basis and issues various citations and orders when it believes a violation has occurred under the Mine Act.
 
The following table sets forth the required information with respect to each mine for which we are the operator during the period of January 1, 2026, to April 5, 2026:
 
Mine
  Section 104(a) S&S     Section 104(b)     Section 104(d)     Section 110(b)(2)     Section 107(a)     Proposed Assessments     Fatalities  
    (A)     (B)     (C)     (D)     (E)     (F)     (G)  
Lucerne Valley, CA
04-00219
 2   0   0   0   0  $5,294   0 
Canaan, CT
06-00019
 0   0   0   0   0  $0   0 
Adams, MA
19-00035
 0   0   0   0   0  $0   0 
Belle/Colony Mine, WY
48-00888
 0   0   0   0   0  $0   0 
Belle Fourche Mill, SD
39-00049
 0   0   0   0   0  $0   0 
Colony East, WY
48-00594
 0   0   0   0   0  $302   0 
Colony West, WY
48-00245
 0   0   0   0   0  $0   0 
Gascoyne, ND
32-00459
 0   0   0   0   0  $0   0 
Lovell, WY
48-00057
 0   0   0   0   0  $531   0 
Sandy Ridge, AL
01-00093
 1   0   0   0   0  $313   0 
Yellowtail, WY
48-00607
 0   0   0   0   0  $0   0 
Ste. Genevieve, MO
23-02564
 0   0   0   0   0  $151   0 
 
(A)
The total number of violations of mandatory health or safety standards that could significantly and substantially contribute to the cause and effect of a mine safety or health hazard under section 104 of the Mine Act for which we received a citation from MSHA.
 
(B)
The total number of orders issued under section 104(b) of the Mine Act.
 
(C)
The total number of citations and orders for unwarrantable failure of the Company to comply with mandatory health or safety standards under section 104(d) of the Mine Act.
 
(D)
The total number of flagrant violations under section 110(b)(2) of the Mine Act.
 
(E)
The total number of imminent danger orders issued under section 107(a) of the Mine Act.
 
(F)
The total dollar value of proposed assessments from MSHA under the Mine Act.
 
(G)
The total number of mining-related fatalities, other than fatalities determined by MSHA to be unrelated to mining activity.
 
During the period of January 1, 2026, to April 5, 2026, we did not receive any written notice from MSHA, with respect to any mine for which we are the operator, of (A) a pattern of violations of mandatory health or safety standards that are of such nature as could have significantly and substantially contributed to the cause and effect of mine health and safety hazards under section 104(e) of the Mine Act or (B) the potential to have such a pattern.
 
The following table sets forth the required information with respect to legal actions before the Federal Mine Safety and Health Review Commission involving each mine for which we are the operator for the period of January 1, 2026, to April 5, 2026:
 
Mine
 
Legal Actions Pending As Of Last Day Of Period
   
Legal Actions Initiated During Period
   
Legal Actions Resolved During Period
 
Lucerne Valley, CA
 0   0   0 
Canaan, CT
 0   0   0 
Adams, MA
 0   0   0 
Belle/Colony Mine, WY
 0   0   0 
Belle Fourche Mill, SD
 0   0   0 
Colony East, WY
 0   0   0 
Colony West, WY
 0   0   0 
Gascoyne, ND
 0   0   0 
Lovell, WY
 0   0   0 
Sandy Ridge, AL
 0   0   0 
Yellowtail, WY
 0   0   0 
Ste. Genevieve, MO
 0   0   0 
 
 
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer