Know Surety

Reclamation Bond- A reclamation bond is a bond that guarantees protection of the public health, safety and welfare, during and after mining operations. It also guarantees restoration of the land to its original condition. Reclamation bonds are usually requested when working on federal land. Most sureties require collateral to issue this bond due to the duration and length for which most of these bonds have to stay in affect. Additionally, the hazardous condition and unforeseen circumstances of returning the land to "original" state is very ambiguous and difficult to clarify.