ADVERTISEMENT
Advertise Here

Huckleberries Online

Hecla May Pay $263M For Pollution

Hecla Mining Co. has reached a tentative settlement with the federal government, Coeur d’Alene Tribe and state of Idaho over its role in turning the Coeur d’Alene Basin into a Superfund site, company officials said today. Under the proposal, Hecla would pay $263.4 million over the next four years to resolve the company’s financial liability for historic releases of heavy metals into the environment. By April 15, the parties must report on the status of their negotiations in U.S. District Court in Boise. “The opportunity to settlement this litigation is an important milestone for the company,” Phil Baker, Hecla’s chief executive officer, told financial analysts today during a conference call/Becky Kramer, SR. More here.

Question: Are you happy with this tentative agreement?


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Huckleberries Online

Get blog updates by email

About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

Find DFO on Facebook

DFO on Twitter

Betsy Russell on Twitter

HBO newsmakers Twitter list

Latest comments »

Read all the posts from recent conversations on Huckleberries Online.

Take this week's news quiz ›
Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here