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Chile: Mining projects worth US$253mn submitted in May

Chile: Mining projects worth US$253mn submitted in May

Posted by Juan Gavasa on June 10, 2014

Chile's environmental evaluation service (SEA) received US$253mn worth of mining projects for consideration in May, according to information compiled by BNamericas.

Six projects were submitted for evaluation last month, reflecting the changes in permitting rules that took effect in December.

The largest project submitted was the US$150mn Arqueros silver-gold project by Australian mid-size miner Kingsgate, which had to resubmit its EIA in May having failed to provide the necessary paperwork the previous month.

The project consists of modifications to the original proposal approved in July last year, including changes in the location of grinding facilities, as well as a request to install a 5.2MW gas-powered thermo plant to supply the electric power needs.

Next up was the US$70mn project EIA submitted by miner Collahuasi to carry out modifications to continue operations at its Pampa Pabellón tailings dam.

Work entails replacing tailings distribution pipelines and energy dissipaters; the construction of a water recovery station; modifications to 2.2km of the recovered water pipeline; and modifications to the 23KW power line and a 2.4km fiber optic stretch, among other works.

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