A. Beginning January 1, 2007, the owner or operator of a new exploration operation shall furnish a financial assurance mechanism to the state mine inspector in an amount equivalent to two thousand dollars per acre of new surface disturbance, unless the inspector approves a cost estimate for an amount less than two thousand dollars per acre.

Terms Used In Arizona Laws 27-1293

  • Exploration operations: means activities that create surface disturbances outside an aggregate mining facility and that are conducted to determine the presence, location, extent, depth or grade of aggregate, including constructing access roads and drill pads. See Arizona Laws 27-1201
  • Inspector: means the state mine inspector. See Arizona Laws 27-1201
  • New exploration operation: means an exploration operation that begins after the effective date of the initial rules adopted pursuant to this chapter. See Arizona Laws 27-1201
  • Surface disturbance: means clearing, covering or moving land by means of mechanized earthmoving equipment for aggregate mining and exploration but does not include surveying, assessment and location work, seismic work, maintenance and other such activities that create a de minimis disturbance. See Arizona Laws 27-1201

B. An owner or operator may provide a single financial assurance mechanism for all of its exploration operations conducted in this state.

 

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