Active production at the Canadian Bloom Lake iron ore mine has completely ceased, and the sale of the firm's its struggling coal division has been completed.
The court refused to consider the appeal on procedural grounds. Chile's environmental regulator will now have to re-evaluate the administrative fines for over $16 million it imposed on the project.
Authorities have yet to take action over what the company has qualified as a potential mine disaster that may cost lives and have serious environmental costs.
There currently are several practical and legal reasons for companies to have a CSR strategy in place, says expert in the field Elizabeth Adey, in this interview with MINING.com.