Posted in | News | Gold | Silver | Mining Business

Hecla Mining to Settle Superfund Lawsuit for $263.4 Million

The Hecla Mining company has been ordered to pay $263.4 million plus interest to settle the Superfund lawsuit after nearly two decades. The lawsuit was first filed by the American Indian tribe of Coeur d’Alene in 1991. They were joined by the federal government in 1996 and later by the state government of Idaho.

Ignacia Moreno, Assistant Attorney General for The US Justice Department ‘s Environment and Natural Resources Division said that the agreement would help pay for the U.S. government’s clean-up activities, secures natural resource damages and would restore critical habitats to fish and wildlife in the Coeur d’Alene River Basin.

Coeur D’Alene-based Hecla spokeswoman Melanie Hennessey declined to comment on the decision of the court. The Bunker Hill Superfund site is considered to be amongst the most contaminated sites in the US. Although clean up operations of the Environment Protection Agency have been in evidence since the 1980s the region is still highly contaminated with lead and arsenic which was released from the silver producing mines of the valley.

Hecla Mining and Asarco Inc were charged with releasing millions of tons of mining waste into the Coeur d’Alene River and its tributaries. Asarco which made its settlement in 2008 in the suit did so as part of its emergence from Chapter 11 bankruptcy proceedings. Idaho Governor C.L. Otter said that the settlement brought decades of litigation to a close and provides a clear path to continue restoring the health of the environment, economy and communities of the Coeur d'Alene Basin.

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Hecla Mining Company. (2019, March 19). Hecla Mining to Settle Superfund Lawsuit for $263.4 Million. AZoMining. Retrieved on November 22, 2024 from https://www.azomining.com/News.aspx?newsID=4259.

  • MLA

    Hecla Mining Company. "Hecla Mining to Settle Superfund Lawsuit for $263.4 Million". AZoMining. 22 November 2024. <https://www.azomining.com/News.aspx?newsID=4259>.

  • Chicago

    Hecla Mining Company. "Hecla Mining to Settle Superfund Lawsuit for $263.4 Million". AZoMining. https://www.azomining.com/News.aspx?newsID=4259. (accessed November 22, 2024).

  • Harvard

    Hecla Mining Company. 2019. Hecla Mining to Settle Superfund Lawsuit for $263.4 Million. AZoMining, viewed 22 November 2024, https://www.azomining.com/News.aspx?newsID=4259.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.