HB 18-1301, New CO Mining Laws |
Colorado Prospector - Gem and mineral prospecting and mining forums > Land Rights, Laws and References > Prospecting and Mining Laws, Regulations etc.HB 18-1301, New CO Mining Laws |
 Mar 21 2018, 11:28 AM
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 Rock Bar!  Group: Members Posts: 875 Joined: 25-July 14 From: Westminster, CO Member No.: 117,949  |
I haven't read it yet, but wanted to share for discussion since it was introduced this week: HB-1301 CONCERNING THE PROTECTION OF WATER QUALITY FROM ADVERSE IMPACTS CAUSED BY MINERAL MINING
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Apr 1 2018, 08:24 PM
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 Master Mucker! Group: Admin Posts: 7,206 Joined: 7-October 03 From: Colorado Member No.: 4 |
Thanks for posting this Eric! I notice that it seems to make it more difficult to bond for reclamation.
QUOTE Current law allows a mining permittee to submit an audited financial statement as proof that the operator has sufficient funds to meet its reclamation liabilities in lieu of a bond or other financial assurance. Section 2 eliminates this self-bonding option and also requires that all reclamation bonds include financial assurances in an amount sufficient to protect water quality, including costs for any necessary treatment and monitoring costs. (Still reading it all......for the third time) 
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