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Home / International News / Press Releases / 2007 / January / January 30, 2007
The Doe Run Company Donates $50,000 To Iron County Hospital

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The Doe Run Company Donates $50,000 To Iron County Hospital

New facility boosted by five monthly installments of $10,000.

Viburnum, MO (PRWeb) January 30, 2007 -- A $50,000 donation from The Doe Run Company is providing a financial boost to Iron County Hospital during its early months of operation. Doe Run's Southeast Missouri Mining and Milling Division (SEMO) and Buick Resource Recycling Division (BRRD), in keeping with their shared vision of creating sustainable business and strong communities, have joined efforts to support and ensure the success of the recently opened medical facility in Pilot Knob, Mo.

“A large portion of Doe Run employees at both SEMO and BRRD live in Iron County,” said Bob Roscoe, vice president of mining and general manager for SEMO. “It is important that nearby critical medical care is available to all of us and to the folks living in our nearby communities.”

The first of five consecutive monthly installments of $10,000 was presented to the hospital on Friday, Jan. 26. According to Ron Hopkins, president of the Iron County Hospital District Board, the funds will be used to supplement the hospital's working capital. They will also help cover expenses until payments begin arriving for services rendered under various insurance providers.

“We understand from board members that it can take three to four months for a hospital to begin receiving payments for services rendered,” said Steve Arnold, general manager at BRRD. “In discussing how we could best sustain the hospital, we decided that making a financial commitment now would be an ideal time to give the board a little more breathing room as they wait for that cash flow.”

“The Iron County Hospital District Board is grateful to The Doe Run Company for its generous and timely donation of $50,000 to the hospital,” Hopkins said. “It is the largest single contribution we have received to date and undoubtedly shows the understanding and commitment Doe Run has for its communities. To recognize Doe Run's remarkable support, we will post a bronze plaque bearing Doe Run's name at the entryway of the radiology service area as a permanent honor.”

A 15-bed critical care medical facility, Iron County Hospital opened for business on Dec. 18. Service areas include a 24/7 Emergency department, clinical laboratory, radiology unit, surgery unit, physical therapy unit, cardiac rehabilitation unit, outpatient clinic, pharmacy and dietary center. For additional information about the hospital, call (573) 546-1260.

Based in St. Louis, The Doe Run Company is a privately held natural resources company dedicated to environmentally responsible mineral production, metals fabrication, recycling and reclamation. The company and its subsidiaries deliver products and services needed to provide power, protection and convenience through premium products and associated metals including lead, zinc, copper, gold and silver. As the operator of one of the world's only multi-metal facilities and the Americas' largest integrated lead producer, Doe Run employs more than 5,000 people, with U.S. operations in Missouri, Washington and Arizona, and Peruvian operations in Cobriza and La Oroya. Committed to sustainable development, The Doe Run Company has helped bring electrical power, business training, educational opportunities and improved telecommunications to rural communities in Peru and the U.S. For more information, visit http://www.doerun.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release that are not historical facts are “forward-looking statements.” These forward-looking statements may be significantly impacted, either positively or negatively, by various factors, including without limitation, the Company's ability to satisfy its debt and environmental obligations, regulatory compliance with local state and federal governmental agencies, financing sources, potential and actual litigation, weather, permits, raw materials cost, competition and business conditions in the mining and recyclable industries. As a result, the forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein. For a discussion of such risks and uncertainties, see the risk factors set forth in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.

Contact:
Angie Nations
(573) 518-1508
http://www.doerun.com

Press Contact: Angie Nations
Company Name: The Doe Run Company
Email: email protected from spam bots
Phone: 573-518-1508
Website: http://www.doerun.com

Press Release Source: EMediaWire


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