97-31311. Mining Claims Under the General Mining Laws; Surface Management: Forms of Legal Financial Guarantees Allowable Under Nevada State Law

[Federal Register Volume 62, Number 229 (Friday, November 28, 1997)]
[Notices]
[Pages 63378-63379]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-31311]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[NV-923-1990-00]


Mining Claims Under the General Mining Laws; Surface Management: 
Forms of Legal Financial Guarantees Allowable Under Nevada State Law

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: The Bureau of Land Management (BLM) amended the surface 
management regulations at 43 CFR subpart 3809 on February 28, 1997 (62 
FR 9093). The amendment requires each BLM State Director to consult 
with the appropriate State authorities to determine which financial 
instruments in 43 CFR 3809.1-9(k) are allowable under State law. Nevada 
State law

[[Page 63379]]

allows surety bonds, cash, irrevocable letters of credit, certificates 
of deposit, and negotiable United States Government securities or bonds 
as forms of financial guarantees related to reclamation requirements.

EFFECTIVE DATE: This list is effective December 1, 1997.

FOR FURTHER INFORMATION CONTACT: Cynthia Dragon, Division of Minerals 
Management, BLM Nevada State Office, 850 Harvard Way, Reno, Nevada 
89502-2055, Telephone: [phone].

SUPPLEMENTARY INFORMATION: The BLM has consulted with the Department of 
Conservation and Natural Resources, Division of Environmental 
Protection to determine which of the financial instruments in 43 CFR 
subpart 3809.1-9(k) are allowable under Nevada State law to satisfy the 
financial assurance requirements related to mining reclamation 
requirements. In addition to surety bonds, cash, irrevocable letters of 
credit, certificates of deposit, and negotiable United States 
Government securities, other forms of financial assurance may be 
obtained through the State of Nevada to satisfy financial assurance 
requirements relating to mining reclamation in Nevada.

    Dated: November 3, 1997.
Robert V. Abbey,
State Director, Nevada.
[FR Doc. 97-31311 Filed 11-26-97; 8:45 am]
BILLING CODE 4310-HC-P