MN HF955

Nonferrous metallic mineral mining permit applicants must obtain environmental impairment liability insurance covering all loss, liability, and cleanup costs from pollutant releases during mining and reclamation operations

Financial assurance for nonferrous mining operations must be in the form of a cash bond or cash deposit (not other forms of security), covering reclamation activities and corrective actions for permit noncompliance

The commissioner must annually review financial assurance amounts for nonferrous mining operators to ensure sufficient coverage for reclamation and corrective action costs

Application fees remain unchanged: $50,000 for nonferrous metallic minerals permits, $25,000 for taconite, $10,000 for scram mining, and $5,000 for peat operations