METAL PRICE
Thursday 24 May 2018

Shunned Proyecto Dominga could go ahead

April 2018: On Friday, the First Environmental Court of Antofagasta expressed its support of the claim made by Andes Iron in 2017, which was made after the Coquimbo Environmental Assessment Commission and Committee of Ministers prohibited the realization of Proyecto Dominga, considering it a harmful venture which failed to consider the health risk to nearby communities.

Now, the Environmental Assessment Commission of Coquimbo must once again revise the US$2.500M project which involves the construction of to open-pit mines to extraction 12 million tonnes of iron and 150 thousand tons of copper concentrate annually. The project also proposes the construction of a port to ship the material directly, generating around 10,000 jobs during construction and 1,500 on operation.

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