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Mining Pit

Butte, MT: (Jan-07-08) State prosecutors brought charges against Asarco, over the treatment of contaminated water in Butte's Berkeley Pit. The suit stated that the Berkeley Pit is a former open-pit copper mine that began filling with drainage from closed mines in 1982. Pit water is laden with metals, and is being treated. Asarco filed a bankruptcy case in 2005, and sources close to the case revealed that a bankruptcy judge in Texas has signed an $8.6 million settlement for the treatment of contaminated water. Completing the water treatment settlement for the Berkeley Pit is tied to the conclusion of that case, and decisions about a variety of claims against the company. Officials claimed that the $8.6 million package is intended to cover treatment through 2026. Additionally, terms of the settlement call for Montana Resources to hold the money in escrow for fulfillment of water treatment obligations. [MONTANA'S NEWS STATION: MINING CONTAMINATION]

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Published on Jan-8-08


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