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Free AccessMining Industry Disappointed Over Dominga Rejection
- Chile's mining industry said on Wednesday that it regretted the government's decision to reject an environmental permit for the Dominga iron-copper project, saying political considerations had overshadowed technical aspects of the proposal. (Mining Weekly)
- In his first speech after winning the presidency, President Boric voiced his opposition to the project, located near protected maritime zones in the north of the country.
- As a reminder the rejection came from the Committee of Ministers, a government panel that reviews disputes over investment projects, earlier on Wednesday.
- Environment Minister Maisa Rojas earlier on Wednesday said the committee voted unanimously to reject the project after considering its potential impact on wildlife, water sources, air quality and marine-protected areas.
- Separately, Chile’s lower house will vote on a constitutional accusation against Social Development Minister Giorgio Jackson.
- La Tercera reports that Jackson will overcome the accusation due to doubts among some opposition lawmakers in regard to supporting the proposal of the Partido Republicano.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.