The Challenges Posed By Mine Closure In Chile

In Chile, a significant amount of mining takes place in varied geographical environments. Mining activity extends from copper and gold deposits located in the Atacama Desert 4.500 meters above sea level to underground coal workings beneath the sea floor. This diversity in location and environment presents many challenges in the development of competitive and environmentally sustainable mining activities. An important future issue will be how to close these mines in an appropriate way once economically exploitable ore reserves have been exhausted. This poses challenges for both the government and companies alike, considering that Chilean law currently lacks legislation specific to mine closure. This paper examines the risks associated with mine closure based on international experience, and identifies those risks specific to Chilean regions. The main regions in Chile where mine closure legislation should be applied are identified.