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SECTION VI — BONDING SUMMARY <br />The Division holds an approved bond on behalf of the permittee for the Yeast Mine. The bond is a Self <br />Bond from Peabody Investments Corp, in the amount of $2,164,901.00. Pursuant to Rule 3.02.2(4), the <br />Division has reviewed the Yeast Mine reclamation liability. <br />An updated reclamation cost estimate has been prepared for the 2013 Midterm Review for the Yeast <br />Mine. The estimate represents a new liability of $2,221,677.00. The revised cost estimate represents an <br />increase of $56,776.00 over SCC's current liability of $2,164,901.00. This increase is due to higher <br />operating costs for the equipment necessary to complete the tasks included in the cost estimate and an <br />increase in the cost of the materials necessary to reconstruct the post- mining drainage channels still <br />included in the liability. The revised cost estimate is attached. SCC will need to revise Tab 25 of the <br />permit application package to reflect the updated cost estimate as discussed in section IV of this <br />document. SCC has the opportunity to review the Division's cost estimate prior to submitting the <br />required Technical Revision. Once the Technical Revision has been finalized, the Division may require <br />SCC to increase and/or provide additional bond. <br />