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Firms agree to $1.4 million settlement

Firms agree to $1.4 million settlement

December 25th, 2013 in News

ST. LOUIS (AP) - Two companies that own a former metals mining operation in southeast Missouri have agreed to a $1.4 million settlement related to allegations of environmental damage.

The St. Louis Post-Dispatch (http://bit.ly/1boNvQL ) reports that Teck American Inc. and DII Industries Inc. agreed to the settlement with the U.S. government and the state of Missouri. The agreement was filed Monday in federal court in St. Louis.

The settlement follows a lawsuit filed Friday alleging environmental damages from the Magmont Mine and Mill Site near Bixby, Mo. Zinc, lead and copper were mined there from 1968 to 1994.

Court papers show that both Teck and DII Industries denied the allegations and don't admit any liability in the proposed settlement, which is subject to court approval after a 30-day public comment period.