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Reclamation Bonds
Reclamation bonds guarantee that a mining operation will successfully complete the reclamation process of the land following the end of mining. The reclamation process involves:
- Contouring of the land after mining
- Replacement of topsoil or other approved substitute
- Reseeding with vegetation or trees
- Post-reclamation monitoring of above steps to ensure success
Reclamation bonds are generally considered hazardous, as the liability of the surety is a lengthy multi-year obligation, often lasting decades. Both the Federal and State governments will require this type of bond.
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