Large Reclamation Workout Programs
Developing and managing large reclamation workout programs. The company functions as a program architect, consultant, and/or general contractor in situations where significant reclamation obligations need resolution to allow acquisition, merger, or bankruptcy.
Over the past 13 years, NewBridge has engineered solutions for a variety of projects that required resolution to problematic reclamation obligations. These include:
- Lodestar – A project involving reclamation of 20 different sites over 4.5 years as a cost of $8.5 million. The resolution of this project earned NewBridge the 2010 Commissioner’s Award for Excellence in Reclamation.
- Elgin Mining – A $6.9 million project involved nine permitted sites that required 18 months to complete. On one site, NewBridge planted more than 300,000 trees to rehabilitate an area where traditional reclamation efforts by others had failed.
- Manalapan – A $2.7 million project that involved 11 permits. The project was completed and accepted in seven months.
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