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AMAX Mineral Resour :om _ - III IIIIIIIIIIIII III <br /> 1707 Cole Boulevard <br /> Golden,CO 80401-3293 <br /> 303 234-9020 999 <br /> ® AMAJ< <br /> Minerals+Energy February 25, 1988 <br /> FT <br /> CERTIFIED MAIL P 424 752 101 rt <br /> Ms. Margaret Winter FEB 1988 <br /> Chairperson % FMY�± {� £ <br /> Colorado Mined Land Reclamation Board ���LAN1A . �,n <br /> 423 Centennial Building =� <br /> 1313 Sherman Street <br /> Denver, Colorado 80213 <br /> i <br /> RE: Annual Report. Permit No. M-77-493 ; Climax Mine <br /> Dear Ms . Winter: <br /> As with the last five years, 1987 continued to be extremely <br /> depressed for the primary molybdenum mining industry. The <br /> Climax Mine continued to follow the down side of this trend <br /> through 1987 . <br /> The Climax Mine began 1987 producing from the underground <br /> operation at a rate of approximately 9500 tons/day which <br /> represented less than 20% of total mine capacity. Manpower <br /> at the beginning of 1987 was 197 . In early March , all <br /> direct production from the mine ceased and manpower was <br /> reduced to approximately fifty full-time personnel . Con- <br /> centrates continued to be shipped from the mine into 1987. <br /> The underground operation was shut completely, but the open <br /> pit , mill and all related facilities were actively main- <br /> tained at a high level of readiness through the remainder <br /> of 1987 ; a situation expected to continue in 1988 . Climax <br /> intends to maintain the mine in this active ready state as <br /> a market "swing producer" with the ability to produce prod- <br /> uct on short notice as the world market dictates . <br /> AFFECTED LANDS <br /> Because of limited production in 1987, affected lands did <br /> not increase during the year. The small amount of tailing <br /> produced during the year was deposited in the Ten Mile <br /> pond, the affected acreage of which did not increase . The <br /> Mayflower tailing pond continued to be used strictly for <br /> water treatment . The McNulty dump did not increase in <br /> acreage during 1987 and is not expected to increase in size <br /> in the near future. Therefore, no additional topsoil was <br /> removed from the toe area of this dump. <br />