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Doc Date:12111/2001 III IIIIIIIIIIIII III <br />RULE 2 -PERMIT <br /> <br />2.08 -PERMIT REVIEWS, REVISIONS AND RENEWALS AND TRANSFER, SALE AND <br />ASSIGNMENT <br />The following subsections summarize the applicable requirements and Oxbow Mining, LLC's <br />historical actions to effect compliance with relevant provisions for review, revision, renewal, <br />and transfer, sale, or assignment of the Mine Permit. <br />2.08.4 -REVISIONS TO A PERMIT (PERMIT CHRONOLOGY) <br />Mining and reclamation operations are dynamic processes which change over time in response <br />to changing market conditions; changes in operating philosophies; improvements in mining <br />and reclamation equipment and technologies; changes in physical mining conditions; additional <br />knowledge gained from ongoing operations; and other fattors. In response to these changes, <br />revisions have been and will continue to be made to the permit document over time. The <br />revision submittal, review, comment, and approval process is defined by applicable provisions <br />of this section of the Rules. As an aid to documenting and understanding revisions to the mine <br />permit over time, Oxbow has provided a Permit Chronology in Volume 1 of the Permit <br />summarizing the history and nature of all changes to the permit. <br />2.08.5 -RIGHT OF SUCCESSR'E RENEWAL <br />With the in[en[ of maintaining active, ongoing operations over the life of the mine, Oxbow <br />and the previous tmne operators have filed applications for permit renewal prior to the end of <br />each five-year permit term. As specified by the applicable regulatory provisions, filings of <br />applications for permit renewal at least 180 days prior to the expiration of the existing permit <br />have preserved the right of successive permit renewal for ongoing operations under current <br />valid permits. <br />2.08.6 -TRANSFER, ASSIGNMENT OR SALE OF PERMTI' RIGHTS <br />As documented by the Permit Chronology, included in Volume 1, the Mine Permit has been <br />transferred or assigned several times over the mine life. In each case, permit [ransfer was <br />conducted in accordance with the applicable provisions of this section in order to preserve and <br />maintain the associated permit rights and responsibilities. <br />Permit Transfer (OMI to Oxbow Mining, LLG) 2.08-1 Remised 9/18/Ol <br />