Freeport-McMoRan Pays $7M To Settle Mine Pollution Suit

Law360, New York (April 24, 2012, 5:19 PM EDT) -- Freeport-McMoRan Copper & Gold Inc. on Tuesday agreed to pay the federal government $6.8 million to help clean up hazardous waste that has contaminated the Morenci copper mine in southeastern Arizona.

The consent agreement, filed alongside a complaint, would take care of the U.S. Department of the Interior's Comprehensive Environmental Response, Compensation, and Liability Act claims as well as state claims filed by Arizona, if it is approved.

Based on historical studies and other research, the government said releases of hazardous substances at or from the...
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