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This article uses pre-regulation examples to make a point that does not apply to modern day mining operations. "Reclamation of mineral development was not a re
by patrickhogan1 3y ago
This article uses pre-regulation examples to make a point that does not apply to modern day mining operations.
"Reclamation of mineral development was not a requirement under the Mining Law when enacted 150 years ago. Pursuant to FLPMA, the BLM issued regulations in 1981, which were amended in 2001 and require notices and plans of operation to include detailed reclamation plans. These regulations also require operators to provide financial guarantees covering the full cost to reclaim mining operations. Additionally, the BLM’s regulations allow the agency to require an operator to establish a trust fund or other funding mechanism to ensure the continuation of long-term treatment to achieve water quality standards and for other long-term, post mining reclamation and maintenance requirements after a mine is closed. These regulations provide the BLM with a mechanism to provide for protection of the environment after mining has concluded. In response to Government Accountability Office recommendations, BLM implemented a tracking system under which BLM certifies each fiscal year that the reclamation cost estimates for proposed and operating mines have been reviewed and are sufficient to cover the cost of reclamation. Currently, the BLM holds financial guarantees of $3.3 billion which is held to fund the costs of reclamation of mining operations on BLM-managed public lands. Furthermore, the BLM continuously reviews reclamation bonding requirements." https://www.blm.gov/congressional-testimony/reforming-mining-law-1872 https://www.blm.gov/congressional-testimony/reforming-mining...