Guide to Financial Assurance for Mine Closure in Argentina: Toward responsible mine closure
Summary
This guide provides best practices for mine closure and financial assurance for the government and mining companies in Argentina, emphasizing the need for comprehensive planning and guaranteed funding to manage liabilities after a mine ceases production.
Key insights
- Responsible mine closure requires comprehensive planning that begins in the initial project phases and is updated continuously until execution. A critical component of this process is ensuring that the costs for stabilizing and rehabilitating land are financed, as these expenses occur after the mine no longer generates income.
- To ensure funds are available for closure regardless of the timing or circumstances, many global jurisdictions require financial bonds before extraction begins. Argentina is currently preparing to implement its own financial assurance requirements for mining operations to align with transparent regulations and international best practices.
Cite the original document
- APA
- International Institute for Sustainable Development (2021). Guide to Financial Assurance for Mine Closure in Argentina: Toward responsible mine closure. https://www.iisd.org/publications/financial-assurance-mine-closure-argentina
- Chicago
- International Institute for Sustainable Development. Guide to Financial Assurance for Mine Closure in Argentina: Toward responsible mine closure. 2021. https://www.iisd.org/publications/financial-assurance-mine-closure-argentina.
- Wikipedia
- {{cite report |author=International Institute for Sustainable Development |title=Guide to Financial Assurance for Mine Closure in Argentina: Toward responsible mine closure |date=31 August 2021 |url=https://www.iisd.org/publications/financial-assurance-mine-closure-argentina |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{internationalinstituteforsustainabledevelopment2021guide, author = {{International Institute for Sustainable Development}}, title = {{Guide to Financial Assurance for Mine Closure in Argentina: Toward responsible mine closure}}, institution = {International Institute for Sustainable Development}, year = {2021}, month = aug, url = {https://www.iisd.org/publications/financial-assurance-mine-closure-argentina}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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