Guatemala: Obstacles to Mining InvestmentBusinessmen are complaining that there are over one hundred applications for licenses which have been approved by the Attorney but are pending review and approval by the Ministry of Energy and Mines.Monday, February 23, 2015
Mining companies in Guatemala say that one of the reasons for the delays in the process for obtaining mining exploration licenses is because the government does not support this sector of the economy. Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Mining Case to Emerge InternationallyAugust 2019 The Guatemalan Nickel Company announced that it will go to the Inter-American Court of Human Rights to request precautionary measures in response to the local authorities' decision to suspend operations at the Fénix mine in Izabal. Guatemalan Mine Operation SuspendedJuly 2019 The temporary suspension of the exploitation right license of the Fénix mining company, operated by Compañía Guatemalteca de Níquel, in the department of Izabal, is reported. Another Two Mines Suspended in GuatemalaJune 2016 The Mining Exploitation Project Niquegua Montufar II, run by Compañía Guatemalteca de Níquel, and the one called Tajmulco II, by Montana Exploradora de Guatemala, have been suspended by the government. Guatemala Produces Nickel AgainJune 2014 After a 30-year ban and with a $551 million investment, the Fenix project has resumed operations for the production of up to 25,000 tonnes of ferro nickel a year.
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