N.M. Admin. Code § 19.2.2.20 - CONTENTS OF DISCLOSURE STATEMENT

The highest bidder shall provide the following information in its disclosure statement:

A. identity of the highest bidder's predecessor and parent organizations and affiliates, if any;

B. description of the highest bidder's previous mining experience, including a list of mines currently or previously operated by the highest bidder;

C. list of any and all financial assurances designed to assure performance of an obligation that the highest bidder has forfeited in the past ten years. (If the highest bidder is a corporation, partnership, limited liability company or the like, include in the list all forfeitures of entities identified in subsection A);

D. list of any and all penalties and fines in excess of five hundred dollars that the highest bidder has paid in the past ten years for violating or allegedly violating any permit or law whose primary purpose is to protect or assure reclamation of the environment;

E. list of all persons who could exercise management control over how the highest bidder conducts mining activity;

F. type of minerals (if known) and basis for believing a successful mine can be established in the area of interest;

G. proposed methods of exploration and extraction (if known);

H. descriptions of any mitigating circumstances that may help explain negative information (such as payment of penalties, etc); and

I. other information requested by the commissioner that is pertinent to assessing the highest bidder's qualifications, environmental track record and intentions regarding the area to be covered by the mineral lease.

Notes

N.M. Admin. Code § 19.2.2.20

19.2.2.20 NMAC - N, 3/14/2001