Page 41 - CoeurMining

PLAN g ESTABLISH STRATEGY & OBJECTIVES
DO g ASSIGN RESOURCES & RESPONSIBILITIES
CHECK g MONITOR & MEASURE OBJECTIVES ACT g ACT QUICKLY TO RESOLVE ISSUES
act
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and monitoring are routinely reviewed and updated; corporate and third-party consultants provide a review and assessment of site management plans and resources.
RECLAMATION OBLIGATION
Closure planning is a complex and ongoing process. Site reclamation plans are updated annually, as are the projected costs for reclamation activities. When estimating reclamation costs, Coeur follows guidance from ASC 410 Accounting for Asset Retirement Obligations. Reclamation costs are based on consideration of life-of-mine operating plans and all applicable legal and regulatory requirements. At year-end 2013, Coeur’s estimated aggregate reclamation obligation was $113.3 million.
Coeurcontact: For more information about the content of this report,
please contact:
James Voyles
vice president, environment & community
jvoyles@coeur.com
William Holder
vice president, health, safety & loss control
wholder@coeur.com
For media inquiries, please contact:
Donna Mirandola
director, corporate communications
dmirandola@coeur.com