First part of article from Bloomberg:
Hecla Mining Co. (HL), the biggest U.S. silver producer, agreed to pay more than $263 million to settle one of the nation’s largest Superfund lawsuits after two decades, according to the Obama administration.
Hecla’s payment, including interest, will be made to the federal government, the Coeur d’Alene Indian Tribe and the state of Idaho, resolving claims stemming from waste discharged from its mining operations, the U.S. Justice Department said today in an e-mailed statement.
The lawsuit, brought by the American Indian tribe in 1991 and joined by the U.S. five years later, sought money to deal with water and wildlife damage in northern Idaho. The case was one of the biggest pursued under the Superfund law, which seeks to make polluters pay for eliminating environmental hazards.
“This agreement will help pay for the U.S. government’s clean-up activities, secures natural resource damages and will restore critical habitats to fish and wildlife in the Coeur d’Alene River Basin,” Ignacia Moreno, assistant attorney general for the Justice Department’s Environment and Natural Resources Division, said in a statement.
Here is the Hecla Press Release via Businesswire
And here’s the Ninth Circuit Decision: U.S. v. Asarco
Cert was denied (549 U.S. 975) – The Petition for Cert and the Opposition Brief:
Hecla Petition
U.S. Opposition Hecla Petition