Chile SEA watch: Mining projects worth US$67mn submitted in November

Bnamericas Published: Thursday, December 05, 2013

Chile's environmental evaluation service SEA received US$66.9mn worth of mining projects for evaluation in November, according to information compiled by BNamericas.

A total of 10 mining projects were submitted for evaluation.

The largest was the US$25mn environmental impact assessment (EIA) for the Berta copper heap leaching project, in northern region III. The EIA was submitted by Canadian junior Coro Mining's (TSX: COP) local subsidiary, SCM Berta.

The project involves a treatment capacity of 167,000t/month of copper, with a production capacity of up to 800t/month of copper cathodes.

Next up was a US$10mn update on the environmental impact study of Lumina Copper's Caserones project, also in region III. The study involves construction of new underground wells, relocation of facilities and upgrades on a number of pipelines.

The list of projects submitted for evaluation also includes a US$15mn drilling project submitted by Latin America-focused oil and gas company GeoPark (AIM: GPK) in southernmost region XII.

The remaining seven projects have an average investment of US$2.4mn.

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