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~: <br />. iiiiii-iiiii-ii-ii <br />~Certitic~te of ~lugur~uce <br />~~ Aon Risk Services <br />TO: Division of Minerals 8 Geology Rg; Attachment <br />Department of Natual Res. Fax to: <br />1313 Sherman Sl. Rm. 216 Tracey at Twentymile <br />Denver, CO 80203 970-870- <br />RECEIVED <br />Assured: Cyprus Amax Minerals Company et al $Ej' 2 9 bl"I° <br />9100 East Mineral Circle <br />Englewood, CO 80112 <br />DIV. OF MINERALS <br />& GEOLOGY <br />This is Io cenily Thal the polices o! insurance listed below have been issued to the Insured named above !or the policy period indicated, nohvifhslanding any <br />requirement, term, or crondilion o! any contract or other document with respect to which (his certilirale maybe issued or may pertain. The insurance eHOrded by <br />the policies described herein is subject to all the terms, exGusions end mndifions o/ suGl policies. Limits shown may have been reduced by paid claims. <br />Type of Policy Policy Policy <br />Insurance No. Period LimitsNalues <br />A) Commercial General RMGL6121972 07/01/98 - $ 6,000,000 General Aggregate <br />Liability 07/01/99 $ 6,000,000 Products/Completed <br /> Operations Aggregate <br /> $ 1,000,000 Personal and Advertising <br /> Injury <br /> $ 1,000,000 Each Occurrence <br /> $ 1,000,000 Fire Damage (Any One <br /> Fire) <br /> $ 10,000 Medical Expense (Any <br /> One Person) <br />Insurance Company(ies) National Union Fire Insurance Company of Pittsburgh, PA <br />B) Auto Liability RMCA3209148 07/01/98 - $ 2,000,000 CSL Each Occurrence <br /> 07/01 /99 <br />Insurance Company(ies) National Union Fire Insurance Company of Pittsburgh, PA <br />C) Workers' Compensation OC-01611905 <br />Employers' Liability <br />09/01/97 - WC: Statutory <br />09/01/98 EL: $1,000,000 Each Accident <br />$1,000,000 Disease -Policy Limit <br />$1,000,000 Disease -Each <br />Employee <br />Insurance Company(ies) Old Republic Insurance Co. <br />D) Excess Workers' <br />Compensation <br />EX357 09/01/97 - Statutory Excess of a Self Insured <br />09/01/98 Retention: $1,000,000 any one <br />occurrence <br />Insurance Company(ies) Old Republic Insurance Co. <br />The subscdbing insurers' obligations under contracts o! insurance !o which they subscribe ere several and not joint end ere limited solely la the extant of their <br />individual subscriptions. The subscribing insurers era no( responsible /or the subscdplion o! any rnsubscribing insurer who for any reason does riot salisly all or <br />part o/ifs abligalions. <br />This cenificate is issued as a manor of inlormalion only and confers no dghts upon the canificale holder. This cerglicate does not emend, extend or alter the <br />coverage aNorded by the policy(ies) shown hereon. Should any of the above described policies ba canceled belore the er~ireGon dale thareol, This eganry, on <br />behall of the issuing company(ias). will xfo~r®OUmail 60 tlays wdden notice to the above nametl certificate holder II <br />Aon Risk Services of Texas, Inc. <br />Date: September 23, 1998 By: <br />.i en Ki.,l Sa'rn rr m/ 7;-~. rt. Im. <br />?IIOU Gering Drivc, Suire 900 • Hrn¢tun, Texas 77057-3790 • rah (713) 430-6000 • fax: (713) 430-6590 <br />F:\CLIENTS\Aon\CYPRUS\POLICIE9\Lease 9-7-98\148-754.clg.doc <br />092]9e 11:02 AM <br />