Asarco Agrees To Settlement In $18M Mine Cleanup Row

Law360, New York (December 6, 2012, 6:04 PM EST) -- Asarco LLC has reached an undisclosed settlement with Hecla Mining Co. resolving a $17.7 million Comprehensive Environmental Response, Compensation and Liability Act suit over cleanup costs at a silver and lead mining site in Montana, according to court documents filed Thursday.

The two companies reached a confidential agreement addressing Asarco's claims in the suit, which asserts that Hecla, as the owner and operator of the Black Pine Mine Superfund site in central Montana between 1922 and 1931, shares responsibility for part of its cleanup expenses because...
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