Estimating the Cost of Closure and Reclamation: Guidelines for Mines in the Mackenzie ValleyTuesday, November 20, 2018 - 09:00 to 09:19 Theatre 3
In November 2017, the Land and Water Boards of the Mackenzie Valley, in collaboration with the Government of the Northwest Territories and Indigenous and Northern Affairs Canada, released the Guidelines for Closure and Reclamation Cost Estimates for Mines (the Closure Cost Guidelines). The Closure Cost Guidelines outline the expectations of proponents when submitting closure cost estimates for mining projects. These expectations include collaboration with authorities, use of the GNWT’s RECLAIM model, development of supporting documentation, and more. The Guidelines also explain the Boards’ process for setting security during a water licence proceeding (e.g., for a new water licence) and during the term of a water licence. This presentation will be an overview of the Guidelines.