New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFE
Chapter 10 - NON-COAL MINING
Part 6 - NEW MINING OPERATIONS
Section 19.10.6.607 - PERMIT TERM
Current through Register Vol. 35, No. 24, December 23, 2024
A. The permittee shall maintain a permit until financial assurance is released under 19.10.12 NMAC.
B. The term of a permit shall not exceed 20 years. The term of renewals of a permit shall not exceed 10 years.
C. For any permits issued for more than five years, the Director shall review these permits at least every five years to determine compliance with the Act and 19.10 NMAC and to determine if the conditions are accurately reflected in the approved permit.
D. A permit shall be reviewed and may be required to be modified or revised for any of the following:
E. The Director shall periodically review the amount of financial assurance filed with the Director under 19.10.12 NMAC. The Director may require adjustments to the amount of financial assurance to reflect inflationary increases or increases in the anticipated costs of reclamation.
F. If the permit area contains property owned by the federal or state government, the expiration or termination of the government's authorization for the permittee to conduct mining operations on the property automatically suspends the permittee's authority to continue mining operations on the property, although not necessarily reclamation operations, by the permit issued under 19.10 NMAC.