- Associated Press - Tuesday, August 9, 2016

QUESTA, N.M. (AP) - Federal authorities say the Chevron Mining Inc. has agreed to a $143 million settlement to clean up the closed molybdenum mine near Questa in northern New Mexico.

The U.S. Department of Justice announced Tuesday that the proposed partial consent decree, if approved by the court, will provide for the next phase of the cleanup at the Superfund site.

The mine had been in operation in Taos County on and off since 1916. It closed for good in 2014.

Under the settlement, Chevron Mining will undertake a pilot project to cover about 275 acres of mine waste, operate a water treatment plant and install groundwater extraction systems.

The company also will reimburse the Environmental Protection Agency more than $5.2 million for overseeing past cleanup at the site.

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