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NEWMONT <br /> "Liability Percentage" to be S37.000,000 less than the total actual estimated cost of these tusks. <br /> Please explain and justilV each liability percentage OR provide a new total estimate and summary <br /> table without this column. <br /> Newmont Response: <br /> In Exhibit L of Amendment 13, CC&V committed to providing a prorated financial warranty calculation <br /> to DRMS annually that will forecast actual closure liability approximately 14 months out from the date it <br /> is submitted. As discussed and verbally approved by DBMS during the October 8't, 2019 Amendment 13 <br /> review meeting; both parties agreed to this method. <br /> As described in Exhibit L, the reclamation liability for the life of mine build out has been calculated using <br /> the Standard Reclamation Cost Estimator(SRCE). CC&V used the Closure and Reclamation technical <br /> template (CRTT)to prorate the full build of SRCE to reflect the following year's planned liability. The <br /> liability percentages represent the percent that a given facility will be constructed to at the end of the <br /> calendar year against the full design capacity. For example at the end of 2020. CC&V plans to construct a <br /> maximum of 77.81% of the leach pads versus design; therefore, CC&V has proposed to provide a <br /> financial warranty amount that is 77.81%of tasks associated with reclaiming the leach pads life of mine <br /> build out calculated in SRCE. By applying a liability percentage to facilities and associated closure tasks <br /> in SRCE, some of the costs may be diluted. In order to counteract this, CC&V has added on an additional <br /> 5% contingency to all categories in the CRTT. Additionally, tasks such as facility demolition are at 100% <br /> because, with the exception of a few structures associated with underground exploration, all facilities have <br /> been constructed. Within the submitted financial warranty estimate, there are two sheets containing the <br /> calculations for the liability percentages provided in the cost summary sheet. <br /> DRMS Comment(italics): <br /> 50. Post Closure Monitoring. The reclamation cost estimate summary table includes task 14.0 Post <br /> Closure Monitoring. The table summarizes three.subtasks, however GVeed Control is left blank with <br /> no value. Upon review of the individual task sheet titled Monitoring, there is no weed control <br /> calculated Please provide the Division with an estimated cast to control weeds on reclaimed lands <br /> for a period of time until the permit is released <br /> Newmont Response: <br /> The Financial warranty estimate has been revised to $193.095,473, see Attachment 11 to this response. <br /> The revised financial warranty includes a lump sum that is adequate to provide five years of post-closure <br /> weed treatment. <br /> 6.4.13 EXHIBIT M- Other Permits and Licenses. <br /> DRMS Comment(italics): <br /> The Exhibit is adequate as submitted. <br /> Newmont Response: <br /> Comment Acknow ledged. <br />