The Los Bronces Integrated Project (LBI) aims to develop two new areas in the existing open pit and develop a new underground operation, the company said on Friday.
“The LBI project will replace some of the lower-grade resources currently mined with better-quality ore mineral with the aim of maintaining the deposit’s current production levels,” Anglo American said. The project is located in the sensitive Andes Mountains above Santiago, the Chilean Capital.
On Friday, the mining giant said it was confident that the project would not harm the glaciers, nor would it affect biodiversity in protected areas.
It said it had spent six years studying the project, analysing international experiences, and three years consulting with local communities to ensure a design that would not affect surrounding glaciers, increase water use, or raise traffic levels on local roads.