Chile Mining Technologies Inc. needs additional capital to continue operations.The copper miner, headquartered in Santiago, Chile, plans to obtain more capital through private placements and public offerings, the company says in a filing with the U.S. Securities and Exchange Commission. According to a July 15 10-K filing with the SEC, Chile Mining's accountant raised doubt about the ability to continue as a going concern, or without the threat of liquidation, because of the company's working capital deficit, losses and lack of revenue.

Chile Mining has a working capital deficit of about $5.88 million, plus net losses of $17.4 million since it was started in 2008, according to the SEC filing.

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