Liability Risk and Insurance
Europe’s worst environmental disaster since Chernobyl
The collapse of a reservoir wall led to the leakage of 22mn gallons of cyanide-polluted water between January 30 and February
2, spreading into Hungary’s River Tisza itself a tributary of the Danube and hence to the Black Sea. This occurred at a Romanian
gold mine, owned by Australian mining company Esmerelda Exploration.