Miners in Utah State are affected by new legislation that was recently enacted. The new law is named SB 15 and allows the Division of Oil, Gas and Mining to estimate the average cost of reclamation per acre which will determine the amount of the surety bond required for land reclamation/mining.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.