NEWMONT MINING: Accrues $714Mil for Reclamation Costs at June 30

Newmont Mining Corporation says that US$714 million at June 30, 2010 and US$698 million at Dec. 31, 2009 were accrued for reclamation costs relating to currently producing mineral properties in accordance with asset retirement obligation guidance.

The current portions of US$33…

MOLSON COORS: Accrues $4.5Mil for East Rutherford, Berry’s Creek

Molson Coors Brewing Company has accrued US$4.5 million for environmental cleanup of the East Rutherford and Berry’s Creek sites in New Jersey.

During the third quarter of 2008, the Company was notified by the U.S. Environmental Protection Agency that it is…

MOLSON COORS: Accrues $200T for Remediation at Cooper Drum Site

Molson Coors Brewing Company has accrued US$200,000 for environmental remediation at the Cooper Drum site in southern California.

In October 2006, the Company was notified by the U.S. Environmental Protection Agency that it is a potentially responsible party, along with about…

MOLSON COORS: Potentially Liable for Cleanup at Lowry Superfund

Molson Coors Brewing Company is an entity named by the U.S. Environmental Protection Agency as a potentially responsible party at the Lowry Superfund site.

This landfill is owned by the City and County of Denver, Colo., and is managed by Waste…

NEWMONT MINING: Settlement on Pinal Creek Approved on March 2010

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: Records $157Mil Envt’l. Obligations at March 31

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: Accrues $704MM at March 31 for Reclamation Costs

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: NGGL Pays GHC7M in April 2010 on Ahafo Incident

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…

XCEL ENERGY: EPA’s NOV v. PSCo on Comanche, Pawnee Still Ongoing

The U.S. Environmental Protection Agency’s Notice of Violation (NOV) against Xcel Energy Inc. subsidiary, Public Service Company of Colorado (PSCo), on Clean Air Act violations at the Comanche Station and Pawnee Station in Colorado, is ongoing.

In July 2002, PSCo received…

NEWMONT MINING: Still Party to Pinal Creek Contamination Lawsuit

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…

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