Web10 apr. 2024 · Reclamation bonding is the final step before the Mines Act permit is granted and the request for security signifies that permitting is finally close-in-hand for the Kenville Mine Project. The Company will be active as soon as the snow melts to build some required water management infrastructure and is anticipating breaking ground within months to … WebReclamation bonds must be secure, liquid, and reliable because there are more than 200 square miles of unreclaimed coal mines across the West. Many coal-producing states’ budgets are already under stress as coal revenue declines. The distress would only be compounded by having to pay to clean up massive strip mines: the total dollar amount ...
Pennsylvania Bulletin
Web24 jul. 2024 · The conventional way of guaranteeing that happens is for a mining company to obtain a bond equal to the full cost of the cleanup, usually from a surety company. If all goes well, once the company has finished mining the land and reclaiming it, the state releases the bond. WebWhen completing the financial security instrument forms below, the following items must be included or the instrument will be rejected: 5-digit Mine File Number NYSDEC's address (625 Broadway, 3rd Floor, Albany, NY 12233-6500) Official bank letterhead/stationery for irrevocable letters of credit or assignments of certificate of deposit greenwashing ejemplos reales
Reclamation and Closure for Regional Mines - Gov
WebSurface Coal Mine Reclamation Bond Pool Fund (BP-2) 51510.pdf : Clay and Shale Mining; Clay and Shale Collateral Assignment of Certificate of Deposit: 54963.pdf: Clay and Shale Irrevocable Letter of Credit: 54964.pdf: Clay and Shale Surety Bond: 54951.pdf: Application for a Permit (R-100) 2192.pdf: Bonding Evaluation Factor Sheet (R-102) … WebA Reclamation bond is a type of performance surety bond required by the Bureau of Land Management (BLM) and also by some state government agencies that issue … WebA permit is issued when the mine operator submits an acceptable application and posts adequate bond to cover the reclamation of the site. As of January 2024, there is $70,400,432 in reclamation bonds posted with the Department to ensure site restoration of non-coal permits. fnf werewolf pico