RIO DE JANEIRO – Anglo American's plans to open its largest ever iron-ore mine have stumbled over new rulings that will delay preparations to build the mine until it is deemed safe for an archaeological site within its perimeter.
The company is prohibited from undertaking new works at the site of the $5.7-billion project such as clearing vegetation, excavating and removing soil for the opening of the mine. The company had planned to begin that work this month.
The prosecution service of Minas Gerais state says Anglo American's project is destroying the region's archaeological heritage and violating the law while the national heritage organization Iphan has yet to approve the project. Read more here...
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