Newmont Mining Corporation’s 51.35 percent-owned unit, Minera Yanacocha S.R.L., continues to be involved in environmental claims regarding a mercury spill near the town of Choropampa, Peru.
In June 2000, a transport contractor of Yanacocha spilled about 151 kilograms of elemental mercury…
Newmont Mining Corporation continues to be a potentially responsible party at the Grey Eagle Mine site near Happy Camp, Calif.
By letter dated Sept. 3, 2002, the U.S. Environmental Protection Agency notified the Company that the EPA had expended US$3 million…
Newmont Mining Corporation accrued US$149 million at June 30, 2010 and US$161 million at Dec. 31, 2009 as liability for environmental obligations.
These amounts are included in Other current liabilities and Reclamation and remediation liabilities.
The Company is involved in several matters…
Newmont Mining Company says that, in March 2010, the U.S. District Court in Arizona approved the Company’s settlement of all claims and liabilities in the Pinal Creek Group environmental matter.
The Company was a defendant in a lawsuit brought on Nov.…
Newmont Mining Corporation accrued US$157 million at March 31, 2010 for environmental obligations, compared with US$161 million at Dec. 31, 2009.
The Company is involved in several matters concerning environmental obligations associated with former mining activities. Generally, these matters concern developing…
Newmont Mining Corporation says that US$704 million at March 31, 2010 (US$698 million at Dec. 31, 2009) were accrued for reclamation costs relating to mineral properties in accordance with asset retirement obligation guidance.
The current portions of US$34 million at March…
Newmont Mining Corporation, in April 2010, its subsidiary Newmont Ghana Gold Limited (NGGL) made a GHC7 million (US$5 million) payment and also confirmed that it is implementing appropriate corrective measures related to an overflow incident at the Ahafo Mines in…
Newmont Mining Corporation still faces a suit brought on Nov. 5, 1991 in U.S. District Court in Arizona by the Pinal Creek Group, alleging that the Company and others are responsible for some portion of costs incurred to address groundwater…
Newmont Mining Corporation continues to be a potentially responsible party (PRP) at the Grey Eagle Mine Site near Happy Camp, Calif.
By letter dated Sept. 3, 2002, the U.S. Environmental Protection Agency notified the Company that the EPA had expended US$3…
Newmont Mining Corporation and its 51-percent owned subsidiary, Dawn Mining Company LLC, continue to face the U.S. Environmental Protection Agency’s lawsuit on the Midnite Mine site on the Spokane Indian Reservation in the State of Washington.
Dawn previously leased an open…