IN BRIEF: Chile orders Los Andes Copper to halt water extraction

By
Friday, November 25, 2016

Chile's national water authority DGA has ordered junior miner Los Andes Copper to suspend all water extraction for its Vizcachitas project, local radio station Biobío reported.

The resolution orders a halt to extracting water from La Cortadera creek, a tributary of the Rocín river in central Valparaíso river (V).

Start your 15 day free trial now!

cta-arrow

Already a subscriber? Please, login

Local authorities in the nearby town of Putaendo claim the company was provoking a water shortage in the area, the report said.

Vizcachitas claims to be the largest undeveloped copper project that remains "independent," with 8.5Blb (3.86Mt) in indicated and 2.4Blb in inferred resources, according to a 2014 preliminary economic assessment released by the Vancouver-based company.