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Anglo American, Codelco Agree To Talks And Suspension Of Legal Proceedings

5/22/2012 9:24 AM ET

Anglo American Plc (AAL.L,AAUKY.PK) announced that as part of the court's conciliation proceeding in Chile, to which the judge of the 14th Civil Court of Santiago has summoned Anglo American and Codelco on May 22, the parties have agreed to explore the possibility of negotiating an agreement in relation to Anglo American Sur. Should this prove successful, it will enable the parties to overcome their present legal dispute, Anglo American noted.

The parties have together requested the suspension of their legal proceedings at the 14th Civil Court of Santiago until June 22, 2012.

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by RTT Staff Writer

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