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Amerigo receives environmental approval for expanding Chilean ops

Amerigo receives environmental approval for expanding Chilean ops

Photo by Bloomberg

15th July 2014

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

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TORONTO (miningweekly.com) – Canadian base metals producer Amerigo Resources on Monday announced that it had received permission from the Chilean Regional Environmental Commission, COREMA, to expand its tailings processing operations at Codelco’s Cauquenes mine.

Amerigo’s subsidiary Minera Valle Central (MVC) may now apply for the permits necessary to build and operate its expanded operations.

“We are extremely pleased to announce the receipt of the environmental approval for the Cauquenes expansion and I congratulate our entire team for their excellent work in reaching this major milestone. This approval now clears the way for the finalisation of contracts for financing, long-term power supply, concentrate sales and engineering, procurement and construction. We continue to expect to break ground before the end of 2014,” Amerigo chairperson and CEO Dr Klaus Zeitler said.

Amerigo produces copper and molybdenum under a long-term partnership with the world's largest copper producer, Codelco, by means of processing fresh and old tailings from the world's largest underground copper mine, El Teniente, near Santiago.

Edited by Tracy Klückow
Creamer Media Contributing Editor

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