Posts tagged: Hecla
The U.S. Attorney's office for Idaho posted its biggest collection ever today, when Hecla Mining Co. paid $77.5 million as part of a settlement involving the Bunker Hill Superfund site in North Idaho. The settlement was announced by the U.S. Department of Justice in June; in it, Hecla agreed to pay $263.4 million plus interest to the United States, the Coeur d'Alene Tribe, and the state of Idaho. The settlement is to pay for cleanup of mining contamination in the Coeur d'Alene Basin.
Payments already have been made to the tribe and the state; Hecla is scheduled to pay another $43.3 million to the federal government by August of 2014. “This historic recovery to resolve one of the largest cases ever filed under the Superfund statute compensates the United States for more than three decades of clean-up efforts,” said U.S. Attorney Wendy Olson, “and establishes a strong basis for future cooperation between Hecla Mining Company, the tribe, the state, and the federal government.”
Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.
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