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<br /> <br />1313 Sherman St. Room 215 Denver, CO 80203 P (303) 866-3567 F (303) 832-8106 https://drms.colorado.gov <br />Jared Polis, Governor | Dan Gibbs, Executive Director | Virginia Brannon, Director <br />June 6, 2023 <br /> <br />Indemnity National Insurance Company <br />238 Bedford way <br />, 00000 <br /> <br />Re: Peabody Sage Creek Mine (Permit No. C-2009-087) <br /> Surety Increase No. 1 (SI-1) <br /> Bond No. *4836 <br /> <br />Dear Sir or Madam: <br /> <br />This letter, as required by Rule 3.03.2(4)(b) of the Rules and Regulations, is to inform you that the <br />Division of Reclamation, Mining and Safety has issued a proposed decision to approve Surety Increase <br />No. 1 for the Peabody Sage Creek Mine. This decision will be published in the Colorado Mountain News <br />Media -Steamboat Pilot as soon as possible. The first day following publication of the notice initiates a <br />thirty (30) day public comment period. If, within thirty days, there are no requests for an adjudicatory <br />hearing, the decision will become final. <br /> <br />The bond for the operation is a Corporate Surety issued by your company (Bond No. *4836), in the <br />amount of $3,389,947.00. <br /> <br />The reclamation liability prior to this proposed adjustment was $3,389,947.00. The proposed increase in <br />liability is $291,819.00. The new reclamation liability amount is $3,681,766.00. <br /> <br />Please be aware that this notification is not a request to initiate any action by Indemnity National <br />Insurance Company concerning Bond No. *4836, and is for your information only. Should Peabody Sage <br />Creek Mining, LLC choose to take action with regard to this liability increase, they will contact you. <br /> <br />If you have questions or need additional information, please contact me. <br /> <br />Sincerely, <br /> <br /> <br />Hunter C. Ridley <br />Environmental Protection Specialist <br />Hunter.ridley@state.co.us <br /> <br />cc: Jeffrey Thompson, CDRMS <br /> <br />C-SI-06