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Fred R. Banta
<br />Professional Qualifications and Experience
<br />EDUCATION
<br />Northwestern University, Evanston, IL., BS (School of Speech) 1973.
<br />University of Michigan, Ann Arbor, MI., MS (School of Natural Resources) 1978.
<br />University of Colorado Graduate School of Business - Business law, management and
<br />accounting (1985 -86) (attended classes; no degree).
<br />Continuing Education: Colorado School of Mines, Financial Statement Analysis (2000) and
<br />Economic Evaluation and Investment Decision Methods (1999); Hazardous Waste Site Training
<br />(24 hour) (1999); Due Diligence Review and Valuation of Industrial Minerals (SME Short Course)
<br />(1999); Rocky Mountain Mineral Law Foundation, Management of Hazardous Substances (1994);
<br />Arthur D. Little, Inc., Center for Environmental Assurance, EHS Auditing (1993).
<br />AFFILIATIONS
<br />Colorado Mountain Reclamation Foundation (Founding Member, Board of Directors).
<br />Colorado Mining Association, and the Society for Mining, Metallurgy, and Exploration (SME).
<br />SUMMARY
<br />❑ Over 30 years of experience in the field of natural resources and environmental management
<br />with 25 years directly in the minerals industry.
<br />❑ Directed corporate environmental programs for gold and copper mining companies.
<br />❑ Directed the State of Colorado's EH &S regulatory programs for mining operations.
<br />❑ Developed and evaluated reclamation and closure programs and plans for mining operations.
<br />❑ Extensive experience with precious and base metals, coal, and industrial minerals.
<br />❑ Extensive experience working with corporations, financial institutions and governments.
<br />PROJECT AND PROFESSIONAL EXPERIENCE
<br />❑ President, FRED R. BANTA, INC. Private consultant providing environmental management
<br />services to mining clients. Focus is upon closure cost estimating, evaluating environmental
<br />liabilities and closure obligations, developing closure plans, and performing environmental
<br />audits and due diligence reviews. Projects primarily in the United States, Canada, Mexico,
<br />Argentina, Chile, Peru, and Russia.
<br />❑ Director, Environmental Affairs, Amax Gold Corporation. Implemented the Corporate
<br />Environmental Management System. Conducted performance evaluations of operating
<br />mines. Evaluated environmental issues associated with potential acquisitions and
<br />exploration properties. Provided direction for environmental permitting, compliance and
<br />management practices for new and existing mining operations. Amax Gold Inc. had
<br />operations in the United States, Canada, Chile and Russia.
<br />❑ Manager of Compliance, Lac Minerals Ltd. Managed the corporate environmental
<br />compliance program for Lac Minerals Ltd. Developed the corporate environmental standards
<br />and practices. Managed the environmental performance audit program with mines operating
<br />in Canada, the United States and Chile (11 operations).
<br />❑ Division Manager, Steffen Robertson and Kirsten, Denver. Managed environmental
<br />assessment and compliance projects in the United States, Chile, Canada, and Turkey.
<br />❑ Director, State of Colorado's Mined Land Reclamation Division and Division of Mines.
<br />Directed regulatory, inactive mine reclamation and health and safety programs. Managed 65
<br />full -time employees and several contractors. Annual operating budget of $8MM with
<br />individual project budgets ranging from $100,000 to greater than $1 MM.
<br />FRED R. BANTA, INC., 370 W. Spruce Ln., Louisville, CO 80027, USA
<br />Business Telephone: (303) 604 -0200 Facsimile: (303) 604 -1766 E -mail: frbanta @earthlink.net
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