Costa Rican government will not provide more mining concessions
The Executive Power reported that it has no plans to grant more surface mining concession in addition to the Crucitas and Bellavista projects.
Friday, December 5, 2008
This was the answer by Minister of the Environment, Roberto Dobles, in response to the moratorium issued by the Peace with Nature Initiative (IPN) as open air mining is considered to negatively impact the environment.
Entrepreneurs in the sector point out that delays in granting licenses for mining constitute a virtual moratorium, preventing investment and encouraging illegal mining.
Conflicts over environmental protection and excessive bureaucracy in the process of granting concessions are the factors that limit the great mining potential in the region.
Compañía Guatemalteca de Níquel, S.A. and Minera San Rafael S.A have been granted permission to undertake controlled mining activities in two sectors of the country.
El Salvador and Costa Rica say NO. Panama and Nicaragua say YES. Guatemala and Honduras are expected to decide soon.
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