Loading ...The US Environmental Protection Agency (EPA) announced Friday a new set of financial responsibility requirements for the hard rock mining industry, which main goal is said to be protecting taxpayers from having to carry the weight of expensive clean-up operations.
Under the proposed regulation, companies mining non-coal minerals such as gold, silver, copper or lead would have to demonstrate to the EPA that they can afford clean-up costs once the mine is closed. And they’d have to do so through bonds, insurance, self-insurance or similar.
cont. http://www.mining.com/epas-proposed-financial-responsibility-rule-for-miners-a-job-killer-industry/