2012-08-16_GENERAL DOCUMENTS - C1980007

• Permit No: C1980007
• IBM Index Class Name: General Documents
• Doc Date: 8/16/2012
• Doc Name: Proposed Decision & Findings ‎(SL3)‎
• From: DRMS
• To: Mountain Coal Company
• Permit Index Doc Type: Findings
• Email Name: JRS
• Email Name: DIH
• Media Type: D
• Archive: No

West Elk Mine C1980 -007 Bond Release History
Phase I
Phase II
Phase III
acres
amount
acres
amount
acres
amount
SL -01
15.19
$79,727.00
0
$0.00
0
$0.00
SL -02
5.5
$122,629.00
0
$0.00
0
$0.00
SL -03
47.65
$470,488.00
0
$0.00
0
$0.00
Total
68.34
$672,844.00
0
$0.00
0
$0.00
The Division currently holds a performance bond in the form of two corporate sureties in the
amount of $15,000,000.00 (bond from the St. Paul Fire and Marine insurance Company
in the amount of $10,000,000.00 and bond from the Bond Safeguard Insurance Company
in the amount of $5,000,000.00). The current reclamation liability at the West Elk Mine is
$14,606,118.00. Following the proposed release of $470,488.00, the Division will hold a bond in
the amount of $14,529,512.00 and the mine will have a reclamation liability in the amount of
$14,135,630.00. The remaining bond has been determined to be sufficient to assure completion of
the remaining reclamation work at the site if the work had to be completed by the Board through
third party contractors.
Any person with a valid legal interest which might be adversely affected by this proposed decision
may request a formal public hearing before the Mined Land Reclamation Board in accordance with
Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the Delta County
Independent for two consecutive weeks as soon as possible. Requests for public hearing must be
submitted to the Division in writing within thirty days of the first publication in the Delta County
Independent. If no hearing is requested within the thirty days, the Division's proposed decision will
become final.
This concludes the Proposed Decision and Findings of Compliance for the West Elk Mine's
Partial Phase I Bond Release SL -03.
West Elk Mine SL -03 Findings 7 10 August 2012