Mining & Geology iron iron sands Metal mining mining mining exploration Mayan Iron Corp. Ministry of Environment and Natural Resources (Guatemala) Ministerio de Energía y Minas de Guatemala Tikal Minerals G4G Resources Ltd. Iron Sands Americas Limited Basil Botha Dirección General de Minería Mayan Iron

Guatemala Revokes Licenses for Iron Prospecting

The Ministry of Energy and Mines (MEM), has closed the project due to non-compliance of requirements by Tikal Minerals Company.

Wednesday, June 29, 2011

Minister Alfredo Pokus announced at a press conference that the project will not move past its exploration phase and the company involved has no claim options.

"Previously the Ministry of Environment had rejected the Environmental Impact Assessment, a requirement for the start of operations.", reported Prensalibre.com

The mining company Tikal Minerals, a subsidiary of Maya Iron Corporation, had requested three exploration licenses for Retalhuleu, Escuintla and Suchitepéquez covering almost 300 square kilometers in total.

"Environmental organizations had spoken out against the removal of the mineral ...".

Source: prensalibre.com

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Goods

iron iron sands

Key entities

Ministry of Environment and Natural Resources (Guatemala) Alfredo Pókus Tikal Minerals Mayan Iron Corp.

Countries

Guatemala

Insight

Metal mining mining exploration Mining & Geology

Tikal Minerals Appeal

June 2011

The Tikal mining company will appeal for reinstatement after the revocation of three licenses for the exploration of iron on the Pacific coast of Guatemala.

The announcement was made by Enrique Fernández Toledo, advisor and legal representative to the subsidiary company of Mayan Iron Corporation.

Guatemala Rejects Study to Exploit Iron

April 2011

The regulatory agency did not approve the Environmental Impact Study submitted by the company Tikal Minerals, a subsidiary of Maya Iron Corporation.

According to legal proceedings transcript 2010-537, The Ministry of Environment and Natural Resources (MARN) states that the proposed project "Central Porvenir" (LEXR 037-2009) was not approved.

Guatemala: Environmental Impact Assessment for Iron Mine

April 2011

A Chinese-Australian owned mining company has now presented the EIA required by Guatemalan authorities in order to explore for iron in beach sands.

The Environmental Impact Assessment (EIA) submitted in December last year is part of a process that can take several months.

Guatemala Iron Sand Exploration

October 2010

The Ministry of Energy and Mines extended in six months the license to G4G Resources to explore the iron sands on the pacific shores.

The Ministry of Mines and Energy had granted in April a license to explore an area of 2,492 square kilometers.

Elperiodico.com.gt reports Brasil Botha, CEO of G4G Resources, as saying "...