Proposed Agreement for Recovery of Allocated Past Costs, and Covenant Not to Sue for the Richardson Flat Tailing Site, Park City, UT

Summary

The U.S. Environmental Protection Agency (EPA) has proposed a settlement with four companies, including United Park City Mines, Atlantic Richfield Company, Falconbridge Limited, and Noranda Mining Inc., to reimburse EPA for costs incurred in response to hazardous substance releases at the Richardson Flat Tailings Site in Park City, Utah. The proposed settlement would cover approximately $607,294.89 in response costs, with the companies agreeing to pay $460,000.