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$583M Asarco Settlement A Big Deal

Item: Mine waste deal huge: Nearly $600 million allotted to CdA Basin /Becky Kramer, SR

More Info: Cleanup of mine waste in the Coeur d’Alene Basin got a $583 million shot in the arm Thursday, when Asarco Inc. agreed to settle environmental claims at 80 toxic sites around the nation. Asarco paid $1.8 billion to settle the federal government’s claims in 19 states as part of a 4-year-old bankruptcy proceeding. The payment is the largest recovery in the history of the federal Superfund program.

Question: What does this settlement mean to you?

* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog