16th May 2025 11:00
Antofagasta PLC - London-headquartered, Chile-focused miner - Confirms that the Chilean Environmental Authority has approved the environmental impact assessment from Zaldivar for a mine life extension and water transition. Zaldivar is an open-pit, heap-leach copper mine in Chile. Company says the relevant application was for an extension of Zaldivar's mine life to 2051, and a transition to a long-term supply of either sea water or water from a third-party source. Antofagasta adds that the mine plan includes the current secondary sulphide ore reserves, and that from a permitting perspective it enables the development of primary sulphide ore. Says Zaldivar will keep using its existing water supply through to 2028, before evaluating the best alternative for a long-term supply beyond that year. Read More