Reclamation security deposits in Alberta Chymko, N. R.; Brocke, Larry
Alberta regulations require mining operators to post security deposits for reclamation. After fifteen years of administering the collection and refunding of security, the Land Conservation and Reclamation Council recognized the need to review procedures for security deposits. The key element is a “partial return” of security for reclamation work conducted prior to issuance of a final reclamation certificate for the site. The system is based on maintaining sufficient security to equal the remaining reclamation costs, returning “excess” security, removing security inequities between mines, providing a financial return and credit for reclamation work, limiting government liability, and functioning within existing legislation. The system was developed in conjunction with the mining industry, ensuring a cooperative, workable approach.
Item Citations and Data
Attribution-NonCommercial-NoDerivatives 4.0 International