Laserfiche WebLink
<br />ITEM 2 <br />PICEANCE MINING OPERATION COST SUMMARY <br />Please note that the following discussion uses 1999 U.S. dollars. For prediction of actual <br />expenditures, amounts should be escalated at a suitable rate to the year of actual <br />obligation. <br />Investment in Initial Processing and Related Facilities <br />Capita! investments Eor the Yankee Gulch Sodium Minerals Project (Yankee Gulch <br />Project) Piceance Mining Operation initial processing facility and associated project <br />features were provided to Rio Blanco County in the Supplemental Information package <br />submitted by letter of February 8, 1999. Capital investments for the Piceance Mining <br />Operation initial processing facility and associated project features are as follows. <br />These costs do not include well field development, which is addressed separately <br />below. <br />• Facilities, Roads, Structures, and Pond (Table 2-1) $9,085.269 <br />• Process Equipment (Table 2-2) $19,171,733 <br />• Compressors and Utilities (Table 2-3) $3,935,704 <br />• Boiler and Boiler Water Treatment (Table 2-4) 2109 705 <br />Subtotal for the Initial Processing Facility and $34,302,411 <br />Associated Project Features <br />Solution Mining Well Investments <br />As previously presented in the Supplemental Iliformation package, the estimated <br />investment in the initial 26 solution mininb wells needed to support initial operations is <br />$10.777,617 ($414,524 per well). :fin estimated additional 424 wells (4501ess the 26 initial <br />wells) on 6 mining panels will be required to support the protect over Its anticipated 30- <br />yeaz life. <br />Investment in subsequently developed wells is expected to be substantially less per welt <br />because equipment from retired wells will be recovered and installed on new wells. As <br />the project further refines its methods for ~oiution mining nahcolite, as better <br />information un product rrcovery is developed, and as actual experience Is gained on <br />reuse of well equipment, the total number ~~f weiks and their costs may change <br />Uperaunq Cu>u and Well Fie1J IreeR~ment l,u>~s 7_1 <br />Rio Blarco t:uuney Additional Infomuuon H~qu~s~ <br />Rcearce MvunR l~atahon <br />Artientan soda. L.LP. <br />