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TexasTowelie

(116,812 posts)
Thu Jul 14, 2016, 04:28 AM Jul 2016

Southeast Missouri lead mine reaches proposed $850K settlement for environmental damages

A proposed settlement for environmental damages has been announced between Nadist LLC and the state. The agreement would designate $850,000 to address impacts from the company's Sweetwater Mine and Mill in Reynolds County.

Of that sum, $45,000 would be allotted to cover the state's environmental assessment costs, while the balance of $805,000 would be devoted to restoration of the surrounding area. The proposed measure is entering a period of public comment through the Missouri Department of Natural Resources (DNR) until Aug. 10.

The Sweetwater Mine and Mill has been in operation since at least the 1960s. Since at least 1998, Doe Run Company has owned and operated the mine, according to court records.

Nadist, a timber company controlled by Leo Drey, a prominent conservationist who died in 2015, leased mining rights to Doe Run and the previous mine owners.

Read more: http://www.stltoday.com/business/local/southeast-missouri-lead-mine-reaches-proposed-k-settlement-for-environmental/article_85241910-020b-5ab1-b2b4-cf2b6faa9b2c.html

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