GENERAL41240

• Permit No: C1980001
• IBM Index Class Name: General Documents
• Doc Date: 6/7/1999
• Doc Name: Midterm Review Findings Document
• Permit Index Doc Type: Findings
• Media Type: D
• Archive: No

Section V. -Bonding Summary
P&M Coal Company is self-bonded. As required by the Regulations for self-bonds in
Rule 3.02.4(2)(e)(vi), P&M Coal Company has submitted the financial information and
financial statements annually. Debbie Mulloy, of DMG, has reviewed the information
and in April she asked Lisa Vance of P&M to provide Chevron Corporation's current
bond rating issued by Moody's. DMG is waiting for this information to be submitted.
The current amount of bond, based on the 1995 reclamation cost estimate, is
$5,042,176.00. This amount represents the reclamation cost estimates after the bond
release decisions listed below.
Bond Release Number
SL-1
si-z
S L-3
SL-4
Decision Date
June 28, 1990
September 18, 1997
Withdrawn
October 26, 1998
$ Amount Released
$20,000.00
$821,613.00
$1,307,927.00
The reclamation cost estimates need to be updated to ret7ect 1999 equipment rates. I have
attached copies of the DMG equipment costs for the equipment you used previously.
Revegetation costs will also need to be updated. Please use the DMG equipment costs to
update the required bond amount for the Edna Mine and include the updated costs in
Section 4.8 of the permit application.
Edna Mine Permit No. C-80-001
Midterm Review 6 June 7. 1999