Settlement is only a fraction of the more than $200 million needed to clean up the Gild Edge Mine area in South Dakota.
The 360-acre Gilt Edge Mine site, leased by Coca Mines Incorporated and Thomas E. Congdon, is located east of Lead, South Dakota, in the northern Black Hills area. The contaminated area includes a former open pit and a cyanide heap-leach gold mine. The EPA and the state contend that the Gilt Edge Mine Superfund site is heavily contaminated from mining activities involving hazardous substances including arsenic, cadmium, chromium, copper, lead, manganese, nickel and zinc.
This year significant earthwork will begin addressing ARD sources remaining within the primary mine disturbance area, which includes acid-generating waste rock and fills, spent ore, exposed acid-generating bedrock in mine pit highwalls and sludge.
Approximately 14 million gallons of high-sulfate water stored in two pits will require processing in the water treatment plant. During processing, the mixing of high-sulfate water with treatment lime generates gypsum that forms a cake that tends to clog the multi-media filters, the final treatment component.
Sentiment: Strong Buy
Anaconda Copper purchased the Lyon County mine in the early 1940s. It was bought in the 1970s by Atlantic Richfield. Those operations ceased in 1982.
The site covering 3,400 acres near Yerington, a farming community 65 miles southeast of Reno, was sold a few more times and was last owned by Arimetco, which went bankrupt in 1997 and abandoned the site in 2000, EPA documents show.
Residents who filed a class action lawsuit on claims that mine owners tried to hide drinking water contamination from uranium, arsenic and other toxic substances won a $19 million settlement in 2013.
Some studies showed 80 percent of wells near the mine contained dangerous levels of toxins.
In his letter, Sandoval noted that domestic well owners near the mine have been provided with alternate water supplies and the city of Yerington’s public water system, which is not affected by mine leakage, is being extended to serve those residents.
The mine is the second priority Superfund site in Nevada. The other is an 80-mile stretch of the lower Carson River, which was designated in 1990 because of mercury and other contamination from mining activity on the nearby Comstock in the previous century. The river designation remains in effect today and people are still advised not to eat the fish.
Sentiment: Strong Buy
Or I know how to do good Google Searches. There must be a reason Becker formed Abandoned Mine Cleanup LLC and is interested in licensing the Ozonix technology and equipment for cleaning up mining sites. There are plenty of abandoned sites to clean up nationwide. More legislation like this will push forward funding and efforts in my opinion. Hopefully sooner than later.
Sentiment: Strong Buy
So tell us-- you are the one who is apparently connected with ETI. Is Becker going to be able to do something with this???? Personally, I'm getting pretty ticked off watching share price drop and management doing NOTHING to help shareholder value. Three cents a share--nice.
So what you're saying is tell all of Miami that Bledsoe & Aikman lost all their money with ESPH?
It all makes since now!!!!! "Green Technology & Sea of Green" refers to money (green) going (flowing like a sea) into Denny boys bank account. Badge, I think you're on to something!
eco, The writer at the Miami Herald should be papered with ETI facts of "green" technology. The mention of Drew Bledsoe should include Troy Aikman, another Ozonix investor.
This is how DENNY CAN SAVE ESPH.
Stop Sandbagging and cut down on cash salaries to officers that are BOD members....
Looking at the website, the power cube is just a computer image, so I highly doubt it. Then again has anything really been sold?
Article was on Bloomberg. '45 Billion Market-fewer cigarette smokers-as States authorize recreational pot, the Gov't will be pressured to legalize-big Tobacco will invest', in summary.
Probably not, but you can think that. Believe me I have no intentions of joining your little Circle Jerk with the rest of the pump brigade. Just the though of you and the rest of the pumpers rubbing one out to a pic of Denny boy gives me the heebie jeebies. But it's all good, to each his own.
Hey- I recall there being an ex-football player who gave $1 M about two years ago. Maybe he can file something and the rest of us can pile on. Another dream I guess.
So glad Dennis getting award. One question--"Has an Ecos PowerCube actually been built???" I'm pretty sure one has never been sold. Just curious.