Finance

Chile files four environmental charges against Anglo American mine

Published by Global Banking & Finance Review

Posted on December 23, 2024

2 min read

· Last updated: January 27, 2026

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Los Bronces copper mine in Chile facing environmental charges - Global Banking & Finance Review
The image depicts the Los Bronces copper mine operated by Anglo American in Chile, which is now facing four environmental charges for permit violations, highlighting significant compliance issues.
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SANTIAGO (Reuters) - Chile's environmental regulator has filed four charges against the major Los Bronces copper mine, controlled by Anglo American, for non-compliance with environmental permits, the

Chile Charges Anglo American's Los Bronces Mine for Violations

SANTIAGO (Reuters) - Chile's environmental regulator has filed four charges against the major Los Bronces copper mine, controlled by Anglo American, for non-compliance with environmental permits, the agency said on Monday.

The charges could carry a fine of nearly 17 billion pesos ($17.17 million), according to the Superintendency of the Environment, or SMA.

Los Bronces is one of Chile's biggest copper mines with output of 255,000 metric tons last year, as well as a key project for Anglo American, which has been a takeover target of larger rival BHP.

Anglo American did not immediately respond to a request for comment.

One charge was deemed "very serious," the highest of three offense levels, for non-compliance dating back to a 2014 sanction.

At the time, the SMA found that Anglo American Sur, the local unit that operates Los Bronces, failed to resolved acid drainage at the Esteriles Donoso tailings deposit, designed to hold mine waste.

"The company has not implemented a definitive solution ... it constitutes a repetition of acts previously sanctioned," the SMA said in a statement.

The regulator also filed two charges in the mid-level "serious" category.

The miner has 15 days to present a mitigation program, and 22 days to contest the charges.

($1 = 989.9000 Chilean pesos)

(Reporting by Daina Beth Solomon and Fabian Cambero; Editing by Kylie Madry)

Key Takeaways

  • Chile's SMA filed four charges against Los Bronces mine.
  • Charges could result in a $17 million fine.
  • One charge is 'very serious' due to unresolved issues.
  • Anglo American has limited time to respond.
  • Los Bronces is a key project for Anglo American.

Frequently Asked Questions

What is the main topic?
The article discusses environmental charges against Anglo American's Los Bronces mine in Chile.
What are the potential consequences for Anglo American?
The company faces a fine of nearly $17 million for non-compliance with environmental permits.
What is the significance of Los Bronces mine?
Los Bronces is one of Chile's biggest copper mines and a key project for Anglo American.

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