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.
long-term stewardship
The ongoing responsibility and care for reclaimed mine sites extending beyond the active remediation period.
Long-term stewardship plan
A legally binding document outlining post-closure management activities, monitoring requirements, maintenance schedules,...