Chile’s environmental regulator Superintedencia del Medio Ambiente (SMA) has imposed fines totaling more than $4 million on mining company Compañía Minera Maricunga, a subsidiary of Canada’s Kinross Gold, over breaches of its environmental licenses.
According to the ruling, published Feb. 10 on an SMA website, the company has been charged on four counts for breaches of the license for its Refugio gold mine operation in the northern region of Atacama and faces fines totaling 5,122 annual tax units (the equivalent of Chilean peso 2.51 billion or $4.53 million).
The investigation dates to January 2013 when Maricunga submitted an environmental impact ...
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