Antofagasta PLC
09 May 2008
For immediate release
Antofagasta plc
Mauro tailings dam - update on Supreme Court endorsed settlement
London, 9 May 2008
Antofagasta plc announces that, further to its statement of 7 May 2008,
the Chilean Water Authority (Direccion General de Aguas) has consented to, and
the Chilean Supreme Court has endorsed, the settlement of various cases
concerning water rights relating to the Mauro tailings dam including the
validity of a sectoral permit issued in 2005 by the Chilean Water Authority.
The consent of the Chilean Water Authority and the endorsement of the Supreme
Court follow the binding agreement entered into by Minera Los Pelambres and the
claimants on 7 May 2008.
The principal terms and effects of the settlement and other related matters are
set out in Antofagasta plc's statement of 7 May 2008.
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|Enquiries - London |Enquiries - Santiago |
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|Antofagasta plc |Antofagasta Minerals S.A. |
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|Tel: +44 20 7808 0988 |Tel: + 56 2 798 7000 |
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|www.antofagasta.co.uk |Francisco Veloso |
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|Desmond O'Conor |Tel: +56 2 798 7008 |
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|Email: doconor@antofagasta.co.uk |Email: fveloso@aminerals.cl |
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|Hussein Barma | |
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|Email: hbarma@antofagasta.co.uk | |
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|Press Enquiries - London | |
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|Bankside Consultants | |
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|Tel: +44 20 7367 8874 | |
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|Oliver Winters | |
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|Email: oliver.winters@bankside.com | |
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