Nevada Division of Environmental Protection, Bureau of Mining Regulation & Reclamation

August 01, 2011 — Nevada Standardized Reclamation Cost Estimator: The updated 2011 Cost Data File is now available from this website. The 2011 Cost Data File must be used for all reclamation cost estimates submitted after August 1, 2011.

August 2011 — NDEP, BLM and Industry representatives have upgraded PFCE to include estimates of tailing storage facility (TSF) IFM and PFS costs: The PFCE calculator can be access here.

October 2010 — NDEP, BLM, and Industry representatives jointly developed PFCE, which is an estimation tool for the calculation of bond amounts required for Interim Fluid Management (IFM) and Process Fluid Stabilization (PFS). A minor revision has been made to the IFM spreadsheet, where the electric power deposit required by NvEnergy is calculated and a fee for it added to the total.

The Nevada Standardized Reclamation Cost Estimator (SRCE): Version 1.1.2 Model File is now available for public use. Version 1.1.1 has been updated in accordance with guidance from the NDEP, BLM and Industry representatives. The only changes included in Version 1.1.2 are to some of the equipment productivity correction factors used in the model. No other changes have been made to the model in this version. The SRCE model may be downloaded from an external web-site at http://www.nvbond.org.

Note: The SRCE Cost Data File contains the updated labor, equipment, and material costs required for agency approval of reclamation cost estimates and should be used as a reference for those costs regardless of whether the SRCE model is utilized or not.

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About the Reclamation Branch: The Reclamation Branch regulates mining in Nevada under the authority of the Nevada Revised Statutes (NRS) 519A.010 - NRS 519A.290 and the Nevada Administrative Code (NAC) 519A.010 - NAC 519A.415. The branch issues a Reclamation Permit to an operator prior to construction of any exploration, mining, milling or other beneficiation process activity that proposes to create disturbance over 5 acres or remove in excess of 36,500 tons of material from the earth. Aggregate or sand pit operations excluded from obtaining a reclamation permit pursuant to NAC 519A.080.