Chile's environmental regulator issued a series of measures against the Ojos del Salado mine, alleging "over-extraction of material" could have caused the sinkhole.
The world's biggest producer of manganese said its underlying earnings for the year ended June 30 came in at $2.6 billion, compared with $489 million a year ago.
Minas Gerais Secretary said proposal falls short of the required environmental and social compensation for a tailings dam collapse that killed 19 people and contaminated waterways in two states.