VI
MINING FOR CLOSURE
executive summary
This document aims to present a basis for action
within South Eastern Europe (SEE) and within the
Tisza River Basin (TRB) towards the development
of corporate practice, regulatory frameworks, gov-
ernance guidelines and/or financial and insur-
ance markets suitable for the support of a mod-
ern mining industry. In particular, this document
wishes to present a number of options and ideas
that can be applied to address the funding and
execution of mine closure and mine rehabilita-
tion while still achieving conditions suitable for
new and ongoing mining activities. Further, the
document provides details of many important in-
formation sources and is intended to constitute a
reference source.
The draft document was launched at the
Sub-re-
gional Conference on “Reducing Environment and
Security Risks from Mining in South Eastern Europe
and the Tisza River Basin (TRB)”
conducted in Cluj-
Napoca, Romania, 11-14 May 2005.
The sub-regional conference drew high-level partici-
pation of Mr. Klaus Toepfer, UNEP Executive Direc-
tor, Mrs. Sulfina Barbu, Minister of Environment and
Water Management of Romania, and Mr. Miklos Per-
sanyi, Minister of Environment and Water of Hunga-
ry. It was attended by representatives from a range of
countries and jurisdictions including: Albania, Bosnia
and Herzegovina, Bulgaria, Croatia, The former Yu-
goslav Republic of Macedonia, Romania, Serbia and
Montenegro and Kosovo (territory under UN adminis-
tration), Romania, the Slovak Republic, and Hungary.
The objective of the Conference was to draw up
an action programme to reduce environment and
security risks from mining in the region, includ-
ing further assessment and pilot projects at high-
risk sites, and endorse guidelines for sustainable
mining practice and closure of mines. The event
concluded with the signing of Declaration of the
High-Level Panel of the Sub-regional Conference
included as Appendix A to this report.