Abandoned Mine Reclamation Glossary
743 terms total — 2 showing — Last updated 26 Oct 2026
Closure Financial Assurance
A regulatory mechanism requiring mining operators to establish monetary reserves or financial instruments sufficient to fund complete reclamation and long-term site management. The assurance amount is calculated based on detailed closure cost estimates and is held in escrow or bonded accounts.
closure criteria
Specific measurable standards that must be achieved before a mine site can be considered successfully reclaimed and rele...
Regulatory closure criteria
Specific, measurable environmental and technical standards established by regulatory agencies that must be achieved befo...