reclamation surety bond

A Reclamation Bond Should be the Preferred Financial Assurance

An interesting article by Kayla Desroches (Report Raises Concerns Over Who Pays For Coal Mining Cleanup), raises concerns about the lack of reclamation bond coverage of mining operations in the State of Montana. Kayla reports, “. . . one of… Continue Reading →

Reclamation bond requirement, federal law.

The Surface Mining Control and Reclamation Act of 1977 (SMCRA) established permitting guidelines for existing and future mines and instructions for providing reclamation bonds.  It ensures that coal mining operations are conducted in an environmentally responsible manner and that the… Continue Reading →

Pennsylvania reclamation bond rules modified.

In 2012, the Oil and Gas Omnibus amendments changed the requirements for reclamation bonds.  Instead of the old $2,500 single/$25,000 blanket bond formula, the following shall apply: (i)  For wells with a total well bore length less than 6,000 feet:… Continue Reading →

Kentucky reclamation bond. Increased bonding required!

Coal companies will have to post higher reclamation bonds for surface mines under an emergency rule filed by the State Energy and Environment Cabinet.  The rule is effective immediately.  “The state has been discussing the issue of inadequate bonds for… Continue Reading →

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