Mining

Overview

Smith Manus has extensive experience working with mining operators in the U.S. and Canada who require support for the unique bonding requirements of the mining industry. There are many nuances across the various states, provinces and federal regulators. Additionally, we have the capability to craft bonding programs for “Junior Mining” companies, who historically have found it very difficult to obtain bonds. Meeting the unique surety requirements of the mining industry is a learned art, not a science.

We take a proactive approach to quantify the absolute risk. Our team does a deep dive into true reclamation liability (ARO), the enterprise value of the assets, sales contracts, and other relevant information that allows us to truly develop risk-based terms and conditions.