Closure Planning Starts Early: Why Conceptual Site Modelling is a Risk Management Tool

June 18, 2026 /in /by Trace Associates

Mine closure is often treated as a future obligation, addressed at a high level to support permitting and financing, and once approved, it is often shelved for years. In practice, this approach can introduce avoidable technical, regulatory, and financial risk. Regulators, Indigenous Peoples, investors, and insurers are asking tougher questions earlier, particularly around long-term geochemical and physical stability.

 

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