"Living a Mining Heritage"
Reclamation
CC&V is committed to reclaim the land to a beneficial use for grazing and wildlife habitat, by planting grasses, legumes, and forbs, and also through the transplanting of trees and shrubs.
To ensure that the lands are reclaimed according to the approved reclamation plan, State law requires posting of adequate financial warranty to fully fund reclamation through the State, if that should ever be required. Upon implementation of the plans approved in 2009, the financial warranty for the project will $98 million and this warranty is secured through a letter of credit payable on demand to the State of Colorado. Only when stages of the reclamation are completed and approved is the warranty reduced.