Reclamation costs are often offset by the sale or use of recovered materials, such as recyclables, soil, and waste, which can be burned as fuel. Learn More. Standardized Reclamation Cost Estimator (SRCE) Nevada Standardized Reclamation Cost Estimator and Cost Data File. Proponents wishing to construct and operate a mine on land under the administration and control of an Aboriginal government or organization (i.e. All cost 1. Reliable Equipment Cost Estimates Start Here. All the models revealed that reclamation costs strongly affected the sustainability of those projects; those, in fact, cannot be paid entirely by the ones who develop the operation, but they need an external economic support in order to ensure the financial feasibility of the intervention. costs of closure and reclamation (section 3.0). Assuming the upper figure of 2,400 hectares or 24 million square metres Construction Post has calculated that the potential cost of reclamation for artificial islands using the cap of HK$27,000 per square metres would be about HK$648 billion for the land alone. In 2013 the 20 year average for the CPI is 2.5%. The costs associated with these restoration activities can be substantial: One estimate suggests US$1.5 million per mine, although varied mine sizes, regulatory regimes, or the presence of legacy reclamation costs could result in wide fluctuations in cost. Remediation costs are reclamation or closing costs mandated by the Surface Mining Control and Reclamation Act of 1977 or the Solid Waste Disposal Act or the state or local equivalent. 1 The Land and/or Water Boards are also guided by INAC’s Mine Site Reclamation Policy for the Northwest Territories, which states that: “The recognized methodology for calculating reclamation costs for the purposes of financial security, should be the RECLAIM or some other appropriate model.” The costs of gas regulation and marine food supply account for the greatest parts of the total value. Standard practices used in the construction and mining industries should be used when estimating the costs of earth moving related activities, demolition of constructed The Nevada Standardized Reclamation Cost Estimator Version 1.4.1 (SRCE) is the agency approved EXCEL workbook file that co ntains standardized cost data utilized by the SRCE model to calculate reclamation bonding requirements. The results indicate that the ecological cost of the new land reclamation is US$971.9 million from 2000 to 2010 and that the cost will be US$702.1 million from 2010 to 2020. . It is this last feature that seems to make it apply to accrual-method taxpayers. See the MVLWB/INAC (2013) ... Coal Surface Mine Land Reclamation Costs. Our job is to make yours easier . According to the figures above, approximately 10,150 hectares of developed oilsands – about 11% of total disturbed land - was in some stage of the reclamation process. The escalation rate is based on the Consumer Price Index (CPI), averaged over the last 20 years. This is to cover the cost of future reclamation. reclamation costs. as a result of a land, resource, and/or self-government agreement) will need to work closely with that land manager. The amount of the deduction is based on the change in the reserve that is computed. Land reclamation cost estimates should be based upon the type of disturbance and the proposed post-mine land use. 2. An example of an exploration scenario and resulting financial assurance amount follows. The layout does not represent anyone mine in North Dakota; rather it represents typical mine conditions encountered in the state and serves as a basis for estimating reclamation costs under the 1977 state law and the additional costs under the federal law. The Reclamation Cost Estimator is brand new for 2020 with an incredible new interface, powered by the same accurate and reliable Costmine data you know and trust. Landfill reclamation is a relatively new approach used to expand municipal solid waste (MSW) landfill capacity and avoid the high cost of acquiring addi-tional land. Example of an Aboriginal government or organization ( i.e cost costs of gas regulation marine... ) will need to work closely with that land manager is to cover the cost of future.. 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