Civil - Rol N° V-1708-2012

Juzgado de Letras de Taltal declara la caducidad de la manifestación minera "Agua Verde V, 1 AL 20" de Anglo American Norte S.A. por incumplimiento de plazos legales, ordenando su cancelación.

• On August 8, 2012, ANGLO AMERICAN NORTE S.A., represented by its attorney, formally requested the manifestation of the mining exploitation concession named "AGUA VERDE V, 1 AL 20".
• Subsequently, a request for mensura (survey) of the aforementioned concession was filed with the court.
• The Código de Minería establishes legal deadlines with fatal character for the actions required by the holder of a mining manifestation.
• ANGLO AMERICAN NORTE S.A. failed to comply with these mandatory legal deadlines established by the Código de Minería.
• Due to the non-compliance with fatal deadlines and the absence of a constitutive sentence, the court found the legal requirements for declaring caducity were met.
• The Court, applying articles 78 and 86 of the Código de Minería, declared the caducit...