|
<br />In June of 1988, the Division approved Technical Revision TR-15, which described a
<br />reclamation plan for the "South of Shop Slide". The Division required a $50,520 increase in
<br />reclamation bond, which P&M accomplished by submitting a rider to the "Life of Mine Bond"
<br />on July 5, 1988 that increased the bond from $20,000 to $70,520.
<br />On November 11, 1989, P&M submitted Bond Release Application SL-01, requesting the
<br />release of the $20,000 portion of the "Life of Mine Bond" being held for gully stabilization in
<br />the areas subject to the 1983/1984 bond release request. On June 28, 1990, the Division
<br />approved the request, granting a release of $20,000. In July of 1990, P&M submitted a rider to
<br />the "Life of Mine Bond" reducing the amount from $70,520 to $50,520.
<br />Bond release application SL-02 was submitted June 19, 1996. Bond release SL-02 requested
<br />Phase I bond release for reclamation work conducted in the West Ridge and Center Ridge areas.
<br />On September 14, 1997, P&M submitted an application for Bond Release SL-03 for areas in
<br />East Ridge (Phase III) and Center Ridge (Phase II and III), and for the South of Shop Slide Area
<br />(Phase I, II, and III). This application was subsequently withdrawn on November 9, 1997, and
<br />resubmitted on October 19, 1998 as Bond Release application SL-05.
<br />On September 16, 1997, the Division proposed to approve P&M's application for Permit
<br />Renewal RN-03. The Division Findings Document states "The Division currently holds a
<br />$3,071,916.00 reclamation performance bond for the Edna Strip Mine. The current reclamation
<br />liability is $7,171,716. Reclamation liability for the disturbance in the West Ridge and Moffat
<br />Areas is $7,121,196.00. Remaining liability for the South of Shop slide area is $50,520.00. The
<br />South of Shop area was reincorporated into the permit boundary in 1988, following a slope
<br />failure on previously mined lands in 1984." It is this $7,171,716.00 bond amount, composed of
<br />the $7,121,196 "Permanent Program Bond" amount and the $50,520 "Life of Mine Bond"
<br />amount that the self-bond application amount (approved in February 1988 in the amount of
<br />$7,171,716.00), and bond release amounts associated with Bond Release Applications SL-02,
<br />SL-04, SL-05, SL-06, SL-07, SL08, and SL-09, are based upon (see Table 1 of this document).
<br />Bond release application SL-02 was approved on September 18, 1997. SL-02 reduced the bond
<br />required for remaining reclamation work from $7,171,716.00 to $6,350,103.00, a reduction of
<br />$821,613.
<br />Bond release application SL-04 was approved on October 26, 1988 for a Phase I Bond Release
<br />of $1,307,927.00 for reclamation work in the West Ridge (581.5 acres) and Center Ridge (15.6
<br />acres) areas of the permit. The bond required for remaining reclamation work was reduced to
<br />$5,042,176.00.
<br />Bond release application SL-05 was approved on October 12, 1999 for a Phase II and III Bond
<br />Release of $24,039.00 for reclamation work in 53.1 acres located in Sections 13, 18, 19, and 24,
<br />T4N, R86W; and $50,520.00 for Phase I, II and III reclamation work in 10.5 acres in the South
<br />of Shop Area. The bond required for remaining reclamation work was reduced to
<br />$4,967,617.00.
<br />Edna Mine Page 4 December 11, 2009
<br />Phase I, II, and III Bond Release
|