Mining companies no longer need to keep cash accounts with the government

The US Land Management Bureau has removed a rule that required mining companies to keep declining balance accounts with the agency. This means mining companies will no longer need to manage these specific cash reserves with the government for their claims.

This small change removes a piece of administrative overhead for mining companies. While not a major policy shift, it simplifies how they manage financial obligations related to their claims on public lands. It also means the government will no longer hold these specific funds.