Donlin receives approval of key permits for project Contributed Photo
assurance to ensure adequate funds are available to cover all costs in the highly unlikely event the State of Alaska would have to assume responsibili- ty for closure and long-term care of the site. Prior to the start of construction, Donlin Gold will provide a $322 million bond to cover both site reclamation costs and establish an interest-bear- ing trust fund to pay for water management and treatment. The bond total is based on a very de- tailed engineering analysis that has been reviewed by ADNR and ADEC mining team staff as well as Calista and TKC. ADNR, with concurrence from ADEC’s Division of Water approved the Plan and cost estimate, following January 2018 hearings in Aniak, Bethel and Anchorage, an additional August 2018 public hearing in Bethel and an extended public comment period. As required by State law, Donlin Gold proposes to remove all buildings and equipment, aside from the water management and treatment facilities,
Waste management, reclamation plan get OK SPECIAL TO THE ALASKA MINER Donlin Gold has received two important permit decisions. On Jan. 18, the project was issued its Waste Management permit from the Alaska Department of Environmental Conservation (ADEC), which de- tails how solid, liquid and hazardous waste will be handled, and the Reclamation Plan (Plan) approv- al, including Financial Assurance requirements, from the Alaska Department of Natural Resources (ADNR), which approves how the company plans to close the mine and establishes a financial guar- antee for reclamation, mitigation and long-term care and maintenance of the site including water management and treatment. An integral part of the Plan is the financial
The Alaska Miner
January 2019
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