Published: April 19, 2023 |

[Click image to enlarge]

Anglo American said Chile’s Committee of Ministers has approved the environmental permit application for the Los Bronces Integrated Project (LBIP), setting up the next phase of development for one of the world’s largest copper mines.

“We welcome the decision from the Committee of Ministers in support of our ongoing investment in Los Bronces — securing the long term future of one of the world’s largest copper mines. We have designed the Los Bronces Integrated Project as an example of the very best of modern mining, bringing not only investment and jobs, but extensive protection for the environment and a considerable improvement in air quality for the broader region of Santiago,” said Ruben Fernandes, CEO of Anglo American’s Base Metals business.

LBIP is a multi-billion dollar project to develop the next phase of the existing open pit within Los Bronces’ operating site and replace future lower grade ore by accessing higher grade ore from a new underground section of the mine. The project uses the mine’s existing processing facilities, optimizes water efficiency, has no impact on glaciers, and requires no additional fresh water or tailings facilities.

Following the receipt of the environmental permit, Anglo American will continue to progress the project through its pre-feasibility stages towards submission for approval by the Anglo American Board in due course.

Anglo American is a leading global mining company and its products are the essential ingredients in almost every aspect of modern life. Their portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With people at the heart of their business, they use innovative practices and the latest technologies to discover new resources and to mine, process, move, and market products to their customers — safely and sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and metallurgical coal for steelmaking, and nickel — with crop nutrients in development — they are committed to being carbon neutral across our operations by 2040. More broadly, their Sustainable Mining Plan commits them to a series of stretching goals to ensure they work towards a healthy environment, creating thriving communities, and building trust as a corporate leader. They work together with business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which they operate.

Be in-the-know when you’re on-the-go!

CLICK HERE to register your email address.

Copyright © 2023 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.

For licensing permission, .(JavaScript must be enabled to view this email address)