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Abandoned Mine Reclamation Glossary

743 terms total — 3 showing — Last updated 26 Oct 2026

Closure Financial Assurance

Basic Formal IVT

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.

Showing 1–3 of 743

A dedicated financial mechanism established to ensure long-term maintenance and monitoring of remediated abandoned mine...

Perpetual Care Fund

Basic Technical IVT

A financial mechanism established to ensure long-term maintenance and monitoring of reclaimed mine sites in perpetuity a...

Financial mechanisms established to support indefinite maintenance and monitoring of reclaimed mine sites, typically thr...

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