California Mine Reclamation Bond Guide
If you’re applying for a corporate mine reclamation permit in California, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure proper reclamation of land used for surface mining
- Who Needs It: Companies applying for a mining permit in California municipalities
- Regulating Body: The Department of Conservation, Office of Mine Reclamation and the local municipality
- Required Coverage: $1,000–$100,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a California Mine Reclamation Bond?
A California corporation mine reclamation bond is a type of performance bond that guarantees reclamation of land disturbed by a surface mining operation.
If reclamation is not completed according to the permit terms, the surety bond acts as financial guarantee to pay associated damages.
How Much Do Mine Reclamation Bonds Cost?
California corporation mine reclamation bonds cost a small percentage of the required coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a California corporation mine reclamation bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a California Mine Reclamation Bond Work?
A mine reclamation bond creates a legal contract between these three parties:
- Principal: You, the mine reclamation corporation filing the bond
- Obligee: The Department of Conservation, Office of Mine Reclamation requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of the Surface Mining and Reclamation Act of 1975 and local county or city regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
You must maintain an active bond policy until officially released of your obligation. We’ll contact you when the bond is up for renewal. All you need to do is make payment for another term.
Once the county or city verifies that reclamation is complete, you can allow the bond to expire.