Panama Rejects Mining Exploration Project
The environmental impact study (EIA) for mining exploration in Cerro Chorcha by Cuprum Resources Corp. was rejected.
Thursday, March 19, 2009
The National Environmental Authority (ANAM) rejected the EIA primarily because the project is in protected areas and districts.
Canada’s Supreme Court has ruled that Canadian mining corporations must conduct more detailed environmental impact studies.
A bill proposes the creation of a public mining company, which would be able to participate in concessions and form associations with other public or private companies.
Following the lifting of a moratorium on exploration and mining licenses, the Ministry of Environment and Natural Resources has announced a review of all environmental impact studies.
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.
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