MEXICO CITY (AP) — A mining conglomerate will set up a roughly $151 million trust to pay for damage caused when one of its mines spilled acid-laced copper sulfate and heavy metals into two rivers in northern Mexico, authorities said Thursday.
Economy Secretary Ildefonso Guajardo said that Grupo Mexico agreed to create the trust but that the $1 billion-a-year mining company still faces fines.
The total amount the company will have to pay to repair the damage done by the Buenavista copper mine in the border state of Sonora hasn't yet been determined, he said.
MEXICO CITY (AP) — Water pollution disasters in Mexico have turned into political battles as officials struggled Wednesday to blame each other for the problems.
A town in western Jalisco state is fighting state officials over what caused the death of more than 200 tons of fish at a local lake.
Jalisco state inspectors said Tuesday that the fish, a species of chub, were killed by high levels of sewage dumped into Lake Cajititlan. The head of the state forensics office, Marco Antonio Cuevas Contreras, said fecal coliform levels were six times higher than permissible limits. "The death of the fish ... was caused by the lack of oxygen due to the high level of pollution in the lake," he said.
SANTO DOMINGO, Dominican Republic (AP) — A proposal to create a new national park that would have blocked the expansion of a nickel mine in the forested mountains of the central Dominican Republic was vetoed Tuesday by President Danilo Medina.
Medina sent the measure back to the Senate with a letter saying he had "serious doubts," about the effects of the proposed creation of the Loma Miranda National Park in an area where a multinational company was seeking to expand its mining operations.
The president also said there had not been any studies that concluded it was environmentally necessary to protect the area, covering about 16 square miles north of the capital with a national park designation.
MEXICO CITY (AP) — A mining conglomerate charged Thursday that it is being subjected to "punitive" legal actions by Mexican officials because one of its mines spilled acid-laced copper sulfate and heavy metals into two rivers.
Environmental authorities have ordered a full inspection of Grupo Mexico's Buenavista copper mine near the U.S. border and threatened possible fines of up to $3 million. Prosecutors, meanwhile, have filed a criminal complaint over the spill, which caused water supplies to be shut off for tens of thousands of people in northern Sonora state.
Late Wednesday, the Mexican Senate passed a nonbinding resolution calling for the government to cancel the mine's operating concession, a move that could affect the $1 billion-a-year mining company that provides 9,000 jobs in the area. The mine produces about 200,000 tons of copper annually.
GENEVA (AP) — Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent.
The Swiss-based company, which created an industry giant through the merger between Glencore and Xstrata, says the repurchasing of shares will run through the end of March.
In its financial statement released Wednesday, the company says its adjusted net profit was $2.01 billion in the first six months of the year, up from a restated $1.86 billion in the comparable period of 2013.
MEXICO CITY (AP) — Mexico's top environmental official said Tuesday that a mining company lied about a spill of millions of gallons of acids and heavy metals that contaminated two rivers and a dam downstream.
Environment Secretary Juan Jose Guerra Abud said the mine falsely claimed the spill earlier this month was caused by unusually heavy rain. Officials say a construction defect at a holding pond allowed mining waste to flow out.
SYDNEY (AP) — BHP Billiton, the world's biggest miner, said Tuesday it plans to split off some of its smaller assets into a separate company, as it posted a $13.8 billion annual profit.
Melbourne, Australia-based BHP said the reorganization will allow it to concentrate on its mainstay iron ore, copper, coal, petroleum and potash businesses.
The new company, which will have BHP's current chief financial officer Graham Kerr as its CEO, will include some of BHP's assets from five countries, including aluminum, nickel, manganese, silver and coal.
MEXICO CITY (AP) — A civil defense official says a private mine in northern Mexico did not immediately report a massive acid spill, allowing it to flow into a river that supplies water to tens of thousands of people.
Carlos Arias, director of civil defense for the northern state of Sonora, said the spill at a copper mine near the U.S. border was caused by defects in newly constructed leaching or holding ponds.
Such ponds hold the overflow of acids used to leach metal out of crushed rock. But Arias said a pipe either blew out or became unseated on Aug. 7, allowing about 10 million gallons (40,000 cubic meters) of mining acids to flow downstream into a river.
WASHINGTON (AP) — In much of the world's oceans, levels of the metal mercury are double to triple what they were before the industrial revolution, a new study says.
Researchers found there's more mercury from human sources — mostly burning fossil fuels and mining for gold — than scientists had thought.
The study assessed inorganic mercury, which in the ocean gets converted into the toxic methylmercury found in seafood. When pregnant women, nursing mothers and young children eat too much methylmercury-tainted seafood, there's an increased risk of nervous system problems in the developing child.
The rebound in oil prices following Wednesday’s slump was wiped out late Thursday by news of a jump in the number of rigs drilling for oil in the U.S. Light, sweet crude for August delivery settled down 3 cents to $56.93 a barrel on the Nymex, while in London, Brent finished up 6 cents to $62.07, Dow Jones reports.
The Grain Belt Express, a $2.2 billion transmission line proposed by Clean Line Energy to bring wind power from Kansas to points east, through Missouri, has been rejected by the Missouri Public Service Commission, The Kansas City Star reports.
A $15,000 grant from the Environmental Protection Agency to fund research into cutting particulate emissions from barbecues has attracted criticism from Sen. Rob Portman, R-Ohio, who declared his constituents “should be able to grill in peace,” The Hill reports.
The U.S. role in Copenhagen climate talks in 2009, and media coverage of it, had Secretary of State Hillary Clinton’s attention, judging from the emails released by the State Department this week, E&E reports.
After last month’s pipeline leak near Santa Barbara, Calif., the Pipeline and Hazardous Materials Safety Administration is proposing a requirement that operators notify regulators within an hour of any problem, The Hill reports.