Codelco To Pay Injunction Costs In Chilean Mine Suit

Law360, New York (January 12, 2012, 6:16 PM EST) -- A Chilean appeals court on Thursday ordered the country's state-owned copper company to pay Anglo American PLC's legal fees related to an injunction it had filed and then withdrawn in an ongoing battle over contract options for a coveted copper mine's vast reserves.

Corporacion Nacional del Cobre, known as Codelco, filed the injunction in November in an effort to keep Anglo American from making pre-emptive sales of its $5.4 billion stake in the mine to Mitsubishi Corp.

The company then withdrew the injunction Tuesday at the...
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