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Doc Date:12111/2001 II I III I II I II IIII III <br />sss <br />• s/~.~ SECTION 4.8 PERFORMANCE BOND <br />I. Overview <br />The Edna mine concluded active operations in December 1996. The <br />mine's liability bond at the termination of operations was $7,171,716 <br />consisting of $7,121,196 under Permit C-80-001 (SMCRA) and 550,520 under <br />Permit 79/31-A (pre-SMCRA). As part of the closure process and to provide <br />guidance in the development of future bond release applications, the <br />liability at the Edna mine as been re-evaluated to ensure coverage of <br />reclamation for the remainder of the life-of-permit and itemize the <br />reclamation liability associated with all portions of the mine. <br />Table 1 provides the overall reclamation liability total while the <br />additional tables provide the liability associated with each area of the <br />mine. Additionally, a set of sample calculations are provided giving an <br />example of determining bond liability reductions for phase I, II, and III <br />bond releases. <br />RECEIVED <br />AUG 15 1997 <br />Division of Muieia~s « ub~wyy <br />MR-35 9.8-1 August 19, 1997 <br />