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Matthew R. Banovetz: Photo from 1986 when he retired as president of Reserve Mining Co.

Key figure in Reserve Mining lawsuits dies

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The man who led Reserve Mining Co.'s handling of a federal environmental lawsuit over the disposal of taconite tailings into Lake Superior has died.

Matthew R. Banovetz, who served as company president from 1981 to 1986, died Tuesday in his suburban St. Paul home from cancer. He was 84.

He formerly lived in Babbitt and Silver Bay.

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