By Robert Kozak
Chile's Superintendent of the Environment Cristian Franz said
Tuesday that the government agency has levied a fine of about $4.5
million against Anglo American Sur SA, a unit of Anglo American PLC
(AAL.LN, AAUKY), for a series of infractions at one of its mines in
the Valparaiso region.
The government agency said that 16 infractions took place at the
Mina El Soldado copper mine, including failing to carry out
reforestation, failing to obtain environmental permits and not
complying with water-quality standards.
The agency carried out its investigation last year.
"In this regard, we want to report that Anglo American has been
working on the implementation of an action plan to address the
identified gaps even before the charges were made," the company
said in a statement.
"Regarding the fine, we are evaluating the information contained
in the report of the environmental authority to define our course
of action," the company added.
Anglo American owns 50.1% of the El Soldado mine complex, with
open-pit and underground mines, located 132 kilometers (82 miles)
from the capital, Santiago.
Chile is the world's largest producer of copper.
Write to Robert Kozak at robert.kozak@wsj.com
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