Bonding

Acceptable Reclamation Bonding Forms

Note - Please contact us before you complete any of these bonding forms or have a bank issue a CD or Letter of Credit. Call (801) 538-5340 and ask for bonding information for the Utah Minerals Program.

OPERATORS! MINIMIZE SURETY PROCESS DELAY BY UNDERSTANDING BONDING REQUIREMENTS AND PROCESS AS PROVIDED HERE IN THIS FLOW CHART TITLED, "RECLAMATION CONTRACT AND SURETY FORMS COMPLETION AND SUBMITTAL PROCESS".

Certificate of Deposit
This form is a cover letter addressed to a federally insured bank issuing the Certificate of Deposit (CD). The cover letter instructs the bank who's name should be on the CD account, and how to process the interest earned on the CD. The CD is made payable to the Utah Division of Oil, Gas and Mining and is used when mining is conducted on privately owned land and minerals.

Certificate of Deposit (BLM)
This is the same as the form used for a regular certificate of deposit, but it is for mining or exploration operations subject to 43 CFR 3809 on BLM lands. The certificate of deposit secures reclamation costs.

Joint Certificate of Deposit
This form is a cover letter addressed to a federally insured bank issuing the Certificate of Deposit (CD). The cover letter instructs the bank who's name should be on the CD account, and how to process the interest earned on the CD. The CD is made payable to the Utah Division of Oil, Gas and Mining, and the joint regulatory agency when mining is conducted on private, federal and/or state owned land or minerals (i.e., Bureau of Land Management (BLM), United States Forest Service (USFS), School and Institutional Trust Lands Administration (SITLA).

Letter of Authorization to Transfer Cash Bonds

Letter of Credit
This form is a letter, issued by a federally insured bank organized to do business in the United States, addressed to the Utah Division of Oil, Gas and Mining. The letter secures reclamation costs when a mining project involves privately owned land and minerals. The Letter of Credit is established in favor of the Utah Division of Oil, Gas and Mining.

Letter of Credit (BLM)
This is the same as the form used for a regular letter of credit, but it is for mining or exploration operations subject to 43 CFR 3809 on BLM lands. The letter of credit secures reclamation costs.

Joint Letter of Credit
This form is a letter, issued by a federally insured bank organized to do business in the United States, addressed to the Utah Division of Oil, Gas and Mining and the joint regulatory agency (i.e., BLM, USFS, SITLA). The letter secures reclamation costs when a mining project involves private, federal, and/or state owned land or minerals. The Letter of Credit is established in favor of the Utah Division of Oil, Gas and Mining, acting as agent for the cooperative agency (i.e., Bureau of Land Management (BLM), United States Forest Service (USFS), School and Institutional Trust Lands Administration (SITLA).

Surety (Replaces forms MR-5 and MR-6)
This is a surety bond form issued by a corporate insurance company in favor of the Utah Division of Oil, Gas and Mining and a cooperative regulatory agency (i.e., BLM, USFS, SITLA), if applicable. The surety secures reclamation costs when a mining project involves private, federal and/or state land or minerals (i.e., Fee (Private), Bureau of Land Management (BLM), United States Forest Service (USFS), School or Institutional Trust Lands Administration (SITLA).

Surety (BLM)
This is a corporate surety bond form issued by a corporate insurance company in favor of the Utah Division of Oil, Gas and Mining and the Bureau of Land Management. This form is for mining or exploration operations subject to 43 CFR 3809 on BLM lands. The surety secures reclamation costs.

MR-RC-LMO (Reclamation Contract for Large Mining Operations) This form applies only to mining operations which disturb or will disturb more than five surface acres in incorporated areas or more than ten acres in unincorporated areas at any given time and is used in conjunction with the posted surety. It is a mutually binding contract between the Division of Oil, Gas and Mining and the mining operator. The Reclamation Contract is tied directly to the surety.

MR-RC-LMO (BLM) (Reclamation Contract for Large Mining Operations on BLM lands) This form applies only to mining operations subject to 43 CFR 3809 on BLM lands which disturb or will disturb more than ten surface acres in unincorporated areas or more than five acres in incorporated areas at any given time and is used in conjunction with the posted surety. It is a mutually binding contract between the Division of Oil, Gas and Mining and the mining operator. The Reclamation Contract is tied directly to the surety.

MR-RC-SMO (Reclamation Contract for Small Mining Operations) This form applies only to mining operations which disturb or will disturb five or fewer surface acres in incorporated or ten or fewer acres in unincorporated areas at any given time and is used in conjunction with the posted surety. It is a mutually binding contract between the Division of Oil, Gas and Mining and the mining operator. The Reclamation Contract is tied directly to the surety.

MR-RC-SMO (BLM) (Reclamation Contract for Small Mining Operations on BLM lands) This form applies only to mining operations subject to 43 CFR 3809 on BLM lands which disturb or will disturb up to ten surface acres in unincorporated areas or five acres in incorporated areas at any given time and is used in conjunction with the posted surety. It is a mutually binding contract between the Division of Oil, Gas and Mining and the mining operator. The Reclamation Contract is tied directly to the surety.

MR-RC-EXP (Reclamation Contract for Exploration Activities)
This form applies only to exploration activities. "Exploration" means surface disturbing activities conducted for the purpose of discovering a deposit or mineral deposit, delineating the boundaries of a deposit or mineral deposit, and identifying regions or specific areas in which deposits or mineral deposits are most likely to exist. It is a mutually binding contract between the Division of Oil, Gas and Mining and the mining operator. The Reclamation Contract is tied directly to the surety.

MR-RC-EXP (BLM) (Reclamation Contract for Exploration Operations on BLM lands) This form applies only to exploration operations subject to 43 CFR 3809 on BLM lands and is used in conjunction with the posted surety. It is a mutually binding contract between the Division of Oil, Gas and Mining and the mining operator. The Reclamation Contract is tied directly to the surety.

MR-EXP-Drill (Drill Hole Abandonment Report for Bond Release)
This form is used to document the surface and subsurface plugging and abandonment of a drill hole for the purpose of rolling plugging costs for reclamation surety to another drill hole. Hole plugging must meet the requirements of R647-2-108. The form must be signed by a professional geologist or an officer of the company.