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Anglo American Gets $6.2 Million Environmental Fine at Los Bronces

Teresa Matich
May. 06, 2015 12:20PM PST
Base Metals Investing

Mining.com reported that Anglo American (LSE:AAL) has received a $6.2 million environmental fine related to issues at its Los Bronces mine in Chile.

Mining.com reported that Anglo American (LSE:AAL) has received a $6.2 million environmental fine related to issues at its Los Bronces mine in Chile.

As quoted in the publication:

InĀ an e-mailed statementĀ (in Spanish), the Superintendence for the Environment (SMA) said the fine was calculated based on five infractions detected at the operation and the mine’s facilitiesĀ in 2013 and 2014, including acid drainage from a dump site and failure to monitor water quality at the mine.

The regulator also ordered the closure of that deposit until ā€œa definitive solution that permits the adequate drainage of acids generated by the project is implemented,ā€ it said in the statement.

Los Bronces, perched 3,500 meters high up in the Andes 65km north-east of Chile’s capital, Santiago, produced 404,500 tonnes of copper last year, roughly 7% the South American nation’s overall output.

Click here to read the full article from Mining.com

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