[Federal Register: August 4, 1998 (Volume 63, Number 149)] [Notices] [Page 41586-41587] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr04au98-88] ----------------------------------------------------------------------- DEPARTMENT OF THE INTERIOR Bureau of Land Management [MT-921-08-1320-01; NDM 86601] Availability of Final Environmental Analysis and Request for Comments on the Fair Market Value and Maximum Economic Recovery; Coal Lease Application NDM 86601--Knife River Corporation AGENCY: Bureau of Land Management, Interior. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Bureau of Land Management requests public comment on the final environmental analysis, maximum economic recovery, and the fair market value of certain coal resources it proposes to offer for competitive lease sale. The land included in Coal Lease Application NDM 86601, located in Mercer County, North Dakota, and is described as follows: T. 143 N., R. 88 W., 5th P.M. Sec. 24: NW\1/4\NW\1/4\, S\1/2\NW\1/4\, SW\1/4\, S\1/2\SE\1/4\, Containing 360.000 acres There are three principal minable coal seams in the tract. They are the School House, Upper Beulah-Zap, and Lower Beulah-Zap. The tract contains an estimated 6.21 million tons of recoverable reserves. The School House seam averages 5.8 feet in thickness. Coal quality, as received, averages 6643 BTU/lb., 36.66 percent moisture, 10.43 percent ash, and 1.24 percent sulfur. The Upper Beulah-Zap seam averages 10.9 feet in thickness. Coal quality, as received, averages 6776 BTU/lb., 38.52 percent moisture, 5.94 percent ash, and 0.49 percent sulfur. The Lower Beulah-Zap seam averages 3.5 feet in thickness. Coal quality, as received, averages 6717 BTU/lb., 38.27 percent moisture, 7.32 percent ash, and 0.76 percent sulfur. The public is invited to submit written comments on the environmental analysis, fair market value, and the maximum economic recovery of the tract. In addition, notice is also given that a public hearing will be held on [[Page 41587]] Monday, August 17, 1998, on the environmental assessment, the proposed lease sale, the fair market value, and maximum economic recovery of the proposed lease tract. DATES: Comments must be received on or before August 17, 1998. The public hearing will be held at 1:00 p.m. on the same date, at the Dickinson Field Office, 2933 Third Avenue West, Dickinson, North Dakota. ADDRESSES: For more complete data on this tract, please contact Rebecca Good (telephone 406-255-2828), Bureau of Land Management, Montana State Office, 222 North 32nd Street, P.O. Box 36800, Billings, Montana 59107 or Gene Campbell (telephone 701-225-9148), Bureau of Land Management, Dickinson Field Office, 2933 Third Avenue West, Dickinson, North Dakota 58601-2619. Copies of the environmental assessment are available at both addresses. SUPPLEMENTARY INFORMATION: In accordance with the Federal Coal Management Regulations 43 CFR 3422 and 3425, not less than 30 days prior to publication of a notice of sale, the Secretary shall solicit public comments on the environmental assessment, the proposed sale, fair market value, and maximum economic recovery on the proposed lease tract. Proprietary data marked as confidential may be submitted to the Bureau of Land Management in response to this solicitation of public comments. Data so marked shall be treated in accordance with the laws and regulations governing the confidentiality of such information. A copy of the comments submitted by the 3 public on fair market value and maximum economic recovery, except those portions identified as proprietary by the author and meeting exemptions stated in the Freedom of Information Act, will be available for public inspection at the Bureau of Land Management, 222 North 32nd Street, Billings, Montana, during regular business hours (9:00 a.m. to 4:00 p.m.) Monday through Friday. Comments should be sent to the Bureau of Land Management P.O. Box 36800, Billings, Montana 59107 and should include, but not necessarily be limited to, the following: 1. The quality and quantity of the coal resources. 2. The mining method or methods which would achieve maximum economic recovery of the coal including specification of the seams to be mined, timing and rate of production, restriction to mining, and inclusion of the tract in an existing mining operation. 3. The fair market value appraisal including but not limited to the evaluation of the tract as an incremental unit of an existing mine, selling price of the coal, mining and reclamation costs, net present value discount factors, depreciation and other tax accounting factors, value of the surface estate, and any comparable sales data of similar coal lands. The values given above may or may not change as a result of comments received from the public and changes in market conditions between now and when final economic evaluations are completed. Dated: July 29, 1998. Janet Singer, Acting State Director. [FR Doc. 98-20721 Filed 8-3-98; 8:45 am] BILLING CODE 4310-DN-P