Financial Assurance Cost Estimates

Reclamation cost estimates are required to determine the financial assurance cost estimates for a given mining site. The development of adequate cost estimates is a complex undertaking demanding experience with the estimation and implementation of reclamation plan requirements. A detailed knowledge of mining methods, demolition, and reclamation is an important first step in this process.

EnviroMINE prepared the reclamation cost estimating procedures that have been adopted by the California State Mining and Geology Board as the standard procedures for all mining projects. These guidelines have helped to standardize estimating procedures for the government and industry as well as reducing conjecture, thereby offering simple solutions for developing accurate cost estimates.

Our team has prepared financial assurance cost estimates for mining sites in all areas of California and with many lead agencies including cities, counties, water districts and the State Mining and Geology Board. EnviroMINE is also distinguished due to our staffs hands-on role with planning and management of reclamation efforts. Our team knows first hand the crucial knowledge of the activities and difficulties experienced with site reclamation, allowing us to accurately forecast expected reclamation costs.