Does Mining Erode the Value of Surrounding Properties?
As noted in Question #4, mining companies understand the value of land. Reclaiming land after 20 years of mining can produce substantial benefits beyond the mining activity itself. Some of the most unique developments across the U.S. can be attributed to creative, long-term mine planning for secondary uses. Independent evaluations have been performed and show that lands adjacent to or near an aggregate mining site are not affected by mining activities. Mining is an interim use of the land – with proper execution, there is a future land development that will follow that interim use. While there is some sensitivity involved in buying and selling real estate property adjacent to a mining operation, it is apparent that real estate values are generally not impacted by aggregate mining.
