Closure Or Abandonment Of Mining Operations

Chile is the most important copper producer in the world and the mining sector plays a key value in its economy. However, at present the country does not have a satisfactory set of regulations about closure and restoration of mining operations. In our country many mining operations will, in the near future, shut down their activities, therefore, it is of utmost importance to elaborate and enforce a set of regulations to prevent risks and to protect the environment. The present study is focused on reviewing and analyzing the existing national regulations about the closure of mining operations and preparing a comparative analysis with other international regulations of countries with mining experience. The final results of the study will be a legal proposal to regulate the closure of mining operations in Chile, aiming at minimizing the potential environmental adverse impact, internalizing the social costs by the relevant operators and defining all aspects of liability for the environmental damage.