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Table 15.2-2: Closure Cost Estimate Summary<br />

Unit or Area Arrangement 1<br />

Closure Cost Estimate<br />

Arrangement 2 Arrangement 3<br />

Container Storage Areas $10,870,926.66 $10,479,428.30 $10,868,739.35<br />

Incinerator/BIFs (Retort) $39,167.43 $39,167.43 $39,167.43<br />

Tank Systems $48,669.72 $48,669.72 $48,669.72<br />

Reclamation of Site* Included above Included above Included above<br />

Contingency and Engineering<br />

Included above Included above Included above<br />

Oversight (27%)†<br />

Total – Approximate $10,958,763.81 $10,567,265.45 $10,956,576.50<br />

*NOTE: Reclamation of the site is included in the Container Storage Areas closure cost.<br />

†NOTE: Contingency and Engineering oversight costs are included in each Unit or Area subtotal.<br />

Since Arrangement 1 is the most expensive, it has been selected as the basis for the closure cost<br />

estimate. Therefore, it is calculated that complete clean closure of the proposed TSF will be<br />

approximately $10,958,764. The CostPro data set for this arrangement is included in Appendix<br />

15-A.<br />

15.2.4 Updates to Closure Cost Estimate<br />

The closure cost estimate will be updated with each <strong>RCRA</strong> permit renewal application for the<br />

proposed TSF. The estimate will be revised to reflect current economic conditions at the time of<br />

renewal.<br />

15.3 Financial Assurance – 40 CFR 270.14(b)(15) & 264.143<br />

It is anticipated that PMR will provide a corporate guarantee from Barrick Gold Corporation for<br />

closure of the proposed TSF. The guarantee will be in place prior to commissioning the<br />

proposed TSF.<br />

PMR <strong>RCRA</strong> <strong>Permit</strong> <strong>Application</strong>, <strong>Dry</strong> <strong>Hills</strong> Facility Page 96<br />

JBR Environmental Consultants, Inc. | HATCH March 2013

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