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Note 11 - Self-Insurance
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Self Insurance [Text Block]

(11)     SELF INSURANCE

 

We self-insure non-leased underground mining equipment. Such equipment is allocated among seven mining units dispersed over 11 miles. The historical cost of such equipment was approximately $262 million and $280 million as of December 31, 2023 and 2022, respectively. 

 

Restricted cash of $4.3 million and $3.4 million as of December 31, 2023 and 2022, respectively, represents cash held and controlled by a third party and is restricted for future workers’ compensation claim payments.