Doe Run Peru appeal fails, to pay $163M

Aug 06, 2014 | 11:41 AM | Saranya Kapur

Tags  lead, zinc, copper, Doe Run Peru, Dennis Sadlowski, Renco Group, environmental cleanup, Mining and Environmental Ministry of Peru Saranya Kapur

NEW YORK — Bankrupt mining company Doe Run Peru must pay $163 million for failing to take proper environmental cleanup measures at its lead and copper smelter, and zinc refinery at its La Oroya complex in central Peru.

An appellate court in Peru upheld the Mining and Environmental Ministry’s decision Aug. 1, an executive at New York-based Renco Group Inc., Doe Run Peru’s shareholder company, told AMM.....

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