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Article: Homestake Mining Company Announces Settlement of Natural Resource Damage Claims.
- Article from:
- PR Newswire
- Article date:
- September 7, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO, Sept. 7 /PRNewswire/ -- Homestake Mining Company (NYSE: HM; ASX: HSM; TSE: HCX) today announced the full and complete settlement of natural resource damage claims due to tailings material previously discharged into Whitewood Creek. The Federal Government, State of South Dakota and Cheyenne River Sioux Tribe as trustees filed the natural resource damage suit in September 1997.
( Photo: http://www.newscom.com/cgi-bin/prnh/19990326/HMLOGO http://www.newscom.com/cgi-bin/prnh/19990329/HMTHOMPSON )
The final settlement Consent Decree was entered with the Federal District Court on September 2, 1999. The total value of the settlement is ...