Business
Project Update
Project Update.
About this update from Antofagasta Plc
[{"type":"text","content":"\n Antofagasta PLC\n12 December 2006\n\n Antofagasta plc\n\n Minera Los Pelambres - El Mauro tailings dam project\n\nLONDON: 12 December, 2006 - Antofagasta plc ('Antofagasta') reports that on\nMonday 11 December, the Court of Appeals of Santiago rejected a request by\nclaimants in the Pupio Valley that work on the Mauro tailings dam should cease\nimmediately following the Court's earlier decision. The Mauro tailings dam is a\ndevelopment project of Antofagasta's 60%-owned subsidiary, Minera Los Pelambres\n('Los Pelambres').\n\nAntofagasta previously reported that on 3 November the Court of Appeals had\nupheld a petition by these claimants against the Chilean water authority, the\nDireccion General de Aguas, in relation to the award of certain permits for the\nconstruction of the Mauro tailings dam. Los Pelambres, as a party affected by\nthe decision, and the Direccion General de Aguas have appealed to the Chilean\nSupreme Court.\n\nLos Pelambres continues to believe that it has received all the necessary\ntechnical and legal permits and, following the decision yesterday, will continue\nwith the planned development of the project.\n\nEND\n\nEnquiries - London \n\nAntofagasta plc \nwww.antofagasta.co.uk \nTel: +44 20 7808 0988 \n\nDesmond O'Conor\nEmail: [email protected] \n\nHussein Barma\nEmail: [email protected] \n\n\nEnquiries - Santiago\n\nAntofagasta Minerals S.A.\nTel: +562 377 5000\n \nFrancisco Veloso\nEmail:[email protected]\n\n\nIssued by Bankside Consultants \nTel: +44 20 7367 8873\nKeith Irons \nEmail: [email protected] \n\n \n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2058,"tagName":"div"}]