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Financial Assurance

Financial Assurance

The PolyMet NorthMet Mine may be the first copper/nickel/precious metals mine in Minnesota, and it has been very controversial. If permitted, the financial assurance package required to operate the mine will exceed $1B-the largest financial assurance package ever in the U.S. EOR, and its team of national and international experts, provided technical expertise for many aspects of the permitting process:

Client Benefits

  • Team of leading leaders in mining and financial management managed locally.
  • Developed customized, easy-to-update, cost estimation tools; comment tracking tools; and financial documentation.
  • Developed customized statistical methods to continually assess and evaluate Financial Assurance risks to the state of Minnesota.
  • Aggressive Financial Assurance calculations resulted mining practices and permit conditions that more effective protect the environment and natural resources.

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