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E. A. Agafontsev
E. A. Agafontsev
ru National Mineral Resources University (Mining University)
ru National Mineral Resources University (Mining University)

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Articles

Economics and management
  • Date submitted
    2013-01-05
  • Date accepted
    2013-03-26
  • Date published
    2013-07-01

Foreign experience in providing financial assurance for mine closure and reclamation in the industrial use of subsoil

Article preview

The article describes the current situation of the problem of financial provision for mine closure and reclamation in Russia, as well as conditions of the Russian legislation about this question. The characteristic of international experience in providing financial assurance for the liquidation and rehabilitation operations is presented. The basic used instruments of financial assurance are described. The problems concerned with the implementation of the financial assurance in Russia are determined, as well as the solutions of them are offered.

How to cite: Agafontsev E.A., Sinkov L.S. Foreign experience in providing financial assurance for mine closure and reclamation in the industrial use of subsoil // Journal of Mining Institute. 2013. Vol. 206. p. 168.