Lundin faces scrutiny at Candelaria in Chile

Less than a year after Lundin Mining Corp. (TSX: LUN) acquired an 80% stake in Freeport-McMoRan Copper & Gold’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, environmental regulators in the South...

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Less than a year after Lundin Mining Corp. (TSX: LUN) acquired an 80% stake in Freeport-McMoRan Copper & Gold’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, environmental regulators in the South American country have filed charges against the Vancouver-based miner for “irregularities” at the mining operation.

Chile’s regulator allegedly has identified 16 environmental irregularities at Candelaria between 2013 and 2014, nine of which it describes as “grave,” Reuters news agency reported on May 27.

… In an email response to questions from The Northern Miner, Sophia Shane, a spokeswoman for Lundin, explained that the Chilean Environmental Superintendent (SMA) has posted a report on its website listing a number of alleged infractions of the environmental approvals held by Compania Contractual Minera Candelari (CCMC), the operator of the Candelaria mining complex, and Lundin subsidiary.

“The alleged infractions originate from an inspection that Chilean authorities carried out at Candelaria in June of 2013, and relate to various issues including items such as dust control, road maintenance, brine management at the desalination plant and fresh water consumption. The company is in the process of reviewing the SMA report.”

Read the complete article at NorthernMiner.com/news/lundin-at-candelaria

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