Chile Grants Anglo American Permit, Extension for Los Bronces Mine
Chile Grants Anglo American Permit, Extension for Los Bronces Mine
Researched by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Chile granted an environmental permit and allowed an extension to Anglo American plc's (London, England) Los Bronces copper mine earlier this week, despite protests from local groups. On Monday, a committee of Chilean ministers voted to approve an extension and environmental license for Los Bronces, which is estimated to spur investments of about US$3.3 billion.
Los Bronces is an open-pit copper mine in Los Andes, between Santiago and the Valparaiso regions, and it is operated by a consortium composed of Anglo American (50.1%), Codelco-Mitsui (29.5%) and Mitsubishi Corporation (20.4%).
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