Membership Criteria – Summary
- Primary mineral must be a significant exchange-traded commodity (e.g., gold or copper) comprising not less than 60% of actual or projected consolidated revenue).
- Metal equivalents are not considered.
- Preference is given to companies that trade publicly on the senior board of a major stock exchange (New York, Toronto, London, Sydney, Hong Kong, Johannesburg, Moscow, Sao Paolo, Mexico City, etc.).
- Non-US companies should preferably be interlisted in the USA, preferably as an ADR, but OTC is acceptable.
- Privately held companies may be considered for membership if they are sufficiently large, measured by revenues and/or production and/or mineral reserves and resources.
- Publicly traded companies should have analyst coverage from recognized institutions.
- A paid-for analysis is not considered.
- Must be current on annual dues, which are calendar year based.
- Must abide by applicable securities regulations: “Privately held Member Company: Must agree that if the member offers securities under an exemption to SEC regulations such as a private placement or make an offer under similar foreign regulations, the member must immediately notify DGG as legally allowed and the DGG will suspend the member until the private placement is completed. At that point, DGG, in its sole option upon the Member’s application, may decide to lift the suspension, and the member may resume its status in the Private Member Category.”