Chile SEA watch: 3 mining projects approved in September
Chile's environmental evaluation service (SEA) approved just three mining-related projects worth US$74.6mn in September, according to information compiled by BNamericas.
Overall, 42 projects were approved across all economic sectors, totaling US$2.06bn in investment.
The largest mining-related project approved in terms of value was the US$62.5mn project aimed at optimizing certain aspects of the construction of the new mine level at the El Teniente mine. It was submitted by state copper producer Codelco.
The project includes a new grinding plant at the Confluencia area; a new mobile grinding plant at the Minero 2 dump site; a new electric substation and water intake; and the expansion of a dump site, among others works.
Next up was the US$10.1mn proposal to modify certain aspects of Antofagasta Minerals' US$1.9bn Antucoya project, which includes construction of a new electric substation and new oil storage facility.
The third item approved by the environmental authorities was the US$2mn Mina Peumo project submitted by local midsize miner La Patagua.
(Pictured: Construction of the mine level is underway at Codelco's El Teniente mine.)
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