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HomeMy WebLinkAbout54-68 page 14 NORTH CAROLINA MINING State of North Carolina 1612 Mail Service Center PERMIT APPLICATION Department of Environmental Quality Raleigh, NC 27699-1612 Division of Energy, Mineral,and Land Resources (919)707-9220 E. DETERMINATION OF AFFECTED ACREAGE AND BOND The following bond calculation worksheet is to be used to establish an appropriate bond(based upon a range of$500 to$5,000 per affected acre)for each permitted mine site based upon the acreage approved by the Department to be affected during the life of the mining permit. Please insert the approximate acreage, for each aspect of the mining operation, that you intend to affect during the life of this mining permit(in addition,please insert the appropriate reclamation cost/acre for each category from the Schedule of Reclamation Costs provided with this application form) OR you can defer to the Department to calculate your bond for you based upon your maps and standard reclamation costs: CATEGORY AFFECTED RECLAMATION RECLAMATION ACREAGE COST/ACRE COST Tailings/Sediment Ponds Ac. X $ /Ac. = $ 0.00 Stockpiles 0.10 Ac. X $ 1,800 /Ac. = $ 180.00 Waste Piles Ac. X $ /Ac. = $ 0.00 Processing Area/Haul Roads 0.46 Ac. X $ 1,800 /Ac. = $ 828.00 Mine Excavation 18.14 Ac. X $ 500 /Ac. = $ 9,070.00 Other 1.98 Ac. X $ 1,800 /Ac. = $ 3,564.00 TOTAL AFFECTED AC.: 20.68 Ac. TOTAL PERMITTED AC.: 21.52 Ac. Temporary&Permanent Sedimentation&Erosion Control Measures: Divide the TOTAL AFFECTED AC.above into the following two categories:a)affected acres that drain into proposed/existing excavation and/or b)affected acres that will be graded for positive drainage where measures will be needed to prevent offsite sedimentation and sedimentation to onsite watercourses and wetlands. a) Internal Drainage 21.52 Ac. b) Positive Drainage 0.00 Ac. X $1,500.00 = $ 0.00 SUBTOTAL COST:$ 13,642.00 Inflation Factor: SUBTOTAL COST LIFE OF MINING OPERATION OR LIFE INFLATION COST OF LEASE(YEARS) 0.02 X $ 13,642.00 X 10 = $ 2,728.40 Total Reclamation Bond Cost: TOTAL RECLAMTION BOND COST= SUBTOTAL+INFLATION = $ 16,300.00 Round down to the nearest$100.00 NOTE:The reclamation bond cannot exceed$1 million per GS 74-54 Revised July 13, 2021 P a g e 1 14