Calculation of Land Reclamation Bonds on Coal Mining Operations - - PowerPoint PPT Presentation

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Calculation of Land Reclamation Bonds on Coal Mining Operations - - PowerPoint PPT Presentation

Jul 08, 2023 480 likes •584 views

2020 Bond Rate Guidelines for the Calculation of Land Reclamation Bonds on Coal Mining Operations MRAB Meeting July 18, 2019 2019 AML Reclamation Grading Costs 3 reclamation projects with 1,712,030 total cubic yards Cost per cubic yard

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SLIDE 1

2020 Bond Rate Guidelines for the Calculation of Land Reclamation Bonds on Coal Mining Operations

MRAB Meeting July 18, 2019

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SLIDE 2

2019 AML Reclamation Grading Costs

  • 3 reclamation projects with 1,712,030 total cubic

yards

  • Cost per cubic yard ranged from $0.80 to $2.00
  • 3 low bid averages at $0.85, $.87, and $1.01 for a

weighted average of $.91

  • Current 2017 – 2019 weighted average at $0.98 for

500 ft. or less

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SLIDE 3

2019 AML Reclamation Grading Costs

500,000 1,000,000 1,500,000 2,000,000 2,500,000 1 2 3 4 5 6 7 8 9

$0.62 $0.69 $0.77 $0.82 $0.87 $0.92 $0.97 $1.02 $1.08 $1.13 $1.20 $1.30 $1.38 $1.50 $1.66 $1.83 $2.25 $2.70 $3.24

Frequency

Cost Per Cubic Yard

2017 - 2019 Grading Frequency and Yards

Frequency Cubic Yards

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2019 AML Reclamation Revegetation Costs

  • 4 reclamation projects with 222.3 acres revegetation
  • Cost per acre of the 3 lowest bids ranged from $1,386

to $2,094.

  • Weighted average of 3 lowest bids was $1,777
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2019 AML Reclamation Mulch, Seed Bed Preparation and Seed Costs

  • Mulch cost per acre of 3 lowest bids was $902.
  • 3 year weighted average of Mulch cost is $880.
  • Seed Bed Prep cost per acre of 3 lowest bids at $206
  • 3 year weighted average of Seed Bed Prep is $220
  • Seed cost per acre of 3 lowest bids at $292
  • 3 year weighted average of Seed is $322
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2017-2019 Bond Rate Data 2020 Projected with Current Data

Unit 2017 wgt ave 2017 amt 2018 wgt ave 2018 amt 2019 wgt ave 2019 amt 17-19 Weighted 2018 2019 2020 Grading1 Yd $0.88 1,262,656 $1.09 2,431,698 $0.91 1,712,030 $0.98 $0.85 $0.90 $1.00 Grading2 Yd $1.55 $1.50 $1.50 Select Grading Acre $1,700.00 $1,700.00 $1,700.00 Reveg Acre $1,847.90 171.5 $2,004.86 45.7 $1,777.09 222.3 $1,828.40 $2,000.00 $2,000.00 $1,800.00

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2017-2019 Bond Rate Data 2020 Projected with Current Data

2018 2018 2019 2019 2020 2020 Reveg Tot $2,000.00 $2,000.00 $2,000.00 $2,000.00 $1,800.00 $1,800.00 Mulch $870.00 $870.00 $880.00 $880.00 $880.00 $880.00 Seed Bed $250.00 $250.00 $280.00 $280.00 $220.00 $220.00 Seed $270.00 $290.00 $320.00 $610.00 $880.00 $550.00 $840.00 $380.00 $700.00 Pasture w/seed Pasture w/seed Pasture w/seed

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Bruce Carl Bureau of Mining Programs 717-783-3516 brcarl@pa.gov