Wednesday, May 20, 2009

Asarco Settles With Arizona and Other States

Photo:AZPublicMedia

The Arizona Daily Star reports that court settlements with the Asarco copper mining company will result in cleanups of three Arizona abandoned mine sites. Asarco has agreed to pay the state $23 million for the cleanups.

A second settlement will give the state ownership of four miles of land along the San Pedro River, allowing the Game and Fish Department to protect endangered wildlife there. The land is valued at about $4 million. It is meant to compensate the state for contamination of the river from nearby mines.

Two of the abandoned mine sites are near Patagonia. The other is in Sacaton, northwest of Casa Grande.

Arizona is one of 11 states involved in settlements with Asarco, filed last month in US Bankruptcy Court in Texas.

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