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Financial guarantees for proper closure of In Situ Leaching operations

  • Health and safety
  • Land-use planning
  • Permitting processes / policy integration
  • Reporting official statistics
  • Socio-economic and environmental impact assessments

Challenge the practice is addressing: The lack of financial guarantees for proper closure in the event of bankruptcy.

Concrete practice to achieve the expected goal: If a company goes bankrupt, the program of restoration and waste management should be implemented by a competent authority. There are a variety of financial surety instruments (see the European Commission's Guidelines on Financial Guarantees and Inspections for Mining Waste Facilities 2007).

Expected impact/goal of the practice: Proper closure to ensure environmental protection of an In Situ Leaching operation if a company goes bankrupt.

Who is the target user group of the practice/intervention or implementing the practice/intervention? Industry and policy makers

BIOMOre Deliverable Number 5.3: Review of legislation and BREF documents for the environmentally safe exploitation of stimulated in situ bioleaching (p. 42-43)
Data item type
Knowledge base
Practice type
Public policy
Report / document
Learning relevance
Guidelines / guidance document
Metalliferous minerals
Extractive life-cycle
Post-exploitation phase (i.e. rehabilitation)
Sustainability scope
Planning beyond the mine life
Land-use and biodiversity
Waste management
Water stewardship