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The New Mexico Environment Department and other state entities announced Wednesday that they have reached an $11 million settlement with mining interests regarding the 2015 Gold King Mine blowout near Silverton, Colorado that released toxic waste into Colorado and New Mexico rivers.
The settlement was with Sunnyside Gold Corp. and its parent companies, Kinross Gold Corp. and Kinross Gold USA Inc., according to a state news release.
A request for comment from Kinross Gold was not immediately returned. A website for Sunnyside Gold did not provide contact information.
The $11 million paid to the state of New Mexico includes $10 million for environmental response costs and lost tax revenues, as well as $1 million to the Office of the Natural Resources Trustee for injuries to New Mexico’s natural resources.
FARMINGTON The State of New Mexico and the Navajo Nation have settled part of a lawsuit filed in the aftermath of the Gold King Mine spill.
Sunnyside Gold Corp. and its parent companies, Kinross Gold Corp. and Kinross Gold USA Inc., were among the defendants named in separate lawsuits the state and the tribe filed a year after the Aug. 5, 2015 mine blowout.
Press releases issued on Jan. 13 state that New Mexico and the Navajo Nation reached settlements with the companies for the spill, which originated from the mine site located north of Silverton, Colorado.
A director with Sunnyside Gold Corp. described the agreements as a no-fault settlement in an email to The Daily Times.