what is a reclamation bond
A reclamation bond is assurance by an independent third party that they will be responsible forinsuring the mining company identified in the bond will meet certain performance requirements. The third party assures compliance with all requirements of the operating permit, reclamationplans, statutes, and rules.ccording to ARM 17.24.140 (1), the bond shall includeestimated costs for reclamation, contingencies, and associated monitoring activities. These rules, approved by the Board of Environmental Review, address the followingareas:-- Designation of land use.-- Proposed topography.