Newmont, Travelers Settle Mine Cleanup Coverage Suit

Law360, New York (August 5, 2011, 5:52 PM EDT) -- Mining giant Newmont USA Ltd. on Thursday sought to dismiss its claims against Travelers Casualty & Surety Co., the last defendant in a coverage suit over cleanup costs at a Washington state uranium mine, saying they had settled their dispute.

Newmont and subsidiary Dawn Mining Co. LLC filed a stipulated dismissal motion with Travelers, holding that all claims between the two parties had been resolved. A slew of other insurance company defendants had also reached settlements with Newmont over the past year.

Newmont had filed an...
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