Loading ...Sparks, Nevada — US miners and explorationists should not rely solely on President-Elect Donald Trump to halt the Environmental Protection Agency’s proposed federal financial guarantees to stiffen domestic mining project bonding requirements.
During a Wednesday afternoon session of the American Exploration and Mineral Association’s (AEMA) annual conference in Sparks, Nevada, experts representing the National Mining Association, the federal Small Business Administration, environmental consulting, and bonding surety blasted EPA’s proposed changes to the Comprehensive Environmental Response Compensation and Liability (CERCLA) Section 108 (b) dealing with financial guarantees for mining projects.
The panelists all questioned the need for the EPA to seek its own financial bonding guarantees for mining projects, when the U.S. Bureau of Land Management, the U.S. Forest Service, and state regulatory agencies already possess what miners contend are adequate financial guarantee programs.
cont. http://www.mining.com/trump-not-minings-sole-option-to-stop-onerous-epa-mine-bonding-program/