Key factors to include in costing for mines and mining waste
Type of Operation |
Costs |
Mine |
|
Mining waste |
|
The online resources identified by the IMPEL project are summarised below.
Scotland: The Heads of Planning Scotland Position Statement on the Operation of Financial Mechanisms to Secure Decommissioning, Restoration and Aftercare of Development Sites (updated 2018). The statement considered the ‘measure and value’ option to be more effective for open cast coal sites and possibly landfill sites, and for the calculation of the quantum of bonds for mineral sites directs users to the Restoration Guarantee Bonds for Opencast Coal Mines report, 2007.
Best Practice Guide on Restoration Liability Assessments for Surface Coal Mines, Welsh Government (2016)
Queensland, Australia: Financial assurance security deposit for an environmental authority (2016)
There is guidance and spreadsheets for calculating the amount of financial provision for mining and for petroleum/gas.
Ireland: Guidance on assessing and costing environmental liabilities (2014)
The guidance covers foreseen and unforeseen liabilities for industrial and waste operations. It contains templates and examples and is accompanied by Guidance on assessing and costing environmental liabilities – Unit cost rates for verification and Guidance on assessing and costing environmental liabilities – frequently asked questions. These can be found at the following link http://www.epa.ie/pubs/advice/licensee/fp/.
EU: Guidelines on Financial Guarantees and Inspections for Mining Waste Facilities (2007)
This EU-sponsored guidance on financial provision under the Extractive Waste Directive contains sections on how to calculate the amount of financial provision including information on principles, costs to be covered and review periods in various countries.
France: Order of 9 February 2004 on the determination of the amount of financial guarantees for the rehabilitation of quarries. https://www.legifrance.gouv.fr/affichTexte.do?cidTexte=LEGITEXT000021711481
The order contains formulas for determining the amount of financial guarantee.