GOLD: Kinross to fight water ban at Maricunga

CHILE – Chile’s environmental regulator (SMA) is going to court to stop the use of water wells at the Maricunga gold mine […]

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CHILE – Chile’s environmental regulator (SMA) is going to court to stop the use of water wells at the Maricunga gold mine in Region III. The mine is owned by Kinross Gold Corp. of Toronto and operated by a subsidiary (CMM) of that company. Kinross opposes the action saying that it remains committed to responsible environmental management. “CMM only recently received the resolution and will review it thoroughly with its legal counsel. CMM will respond within the periods allowed by law, and intends to file an appeal with the appropriate Environmental Tribunal,” the company noted in a release. The Maricunga mine is located in Chile’s Atacama, one of the driest regions of the planet. Whether Kinross’ wells are the cause of a drop in groundwater levels will be argued. That the SMA would seek to close these wells is unprecedented, added the company. Kinross says the mine continues to operate normally but relies solely on water from wells to support its operations. The latest news on this action will be available at www.Kinross.com.

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