Chile's ministry of environment on Monday said that a committee of government ministers approved an environmental permit for a $3 billion extension of Anglo American's Los Bronces project in Chile.
the initiative located in the Andes Mountains, near the Chilean capital, for its long-term impact on a nearby glacier, as well as on the area's water supply.
The committee - made up of the ministries of mining, agriculture, energy, economy, and health and chaired by the environment ministry - is not part of the Chilean EAS but has the power to hear and review environmental resolutions. The National Mining Society union said the approval would be a "powerful signal" to promote investment in the sector.
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