Potential Claims Against Mining Companies Raise Concerns Among Financial Institutions

摘要

The threat of third-party claims tied to the EPA's looming financial assurance rule for hardrock mining is ginning up concerns among financial institutions, top surety backers and industry attorneys say. The new Superfund rule may allow states, tribes, the public and federal agencies other than the Environmental Protection Agency to make claims against hardrock mining financial instruments, such as bonds and letters of credit, the EPA says.