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.

Mónica Palm, journalist, explained that "the concession that Cuprum has had since early 2006 is for conducting exploration for gold and other minerals in an area comprising 24.3 hectares, distributed in the province of Chiriquí and the Ngöbe Buglé Region."

More on this topic

Tougher Controls for Canadian Mining Companies

January 2010

Canada’s Supreme Court has ruled that Canadian mining corporations must conduct more detailed environmental impact studies.

Several mining companies from Canada operate in Central America. Some of them include Breakwater Resources (Honduras), Inmet Mining Corp (Panama), Petaquilla Minerals Ltd (Panama), B2Gold Corp (Nicaragua), Argonaut Gold (Guatemala) and GoldCorp (Guatemala and Honduras).

Nicaragua: Incentives for Mining

June 2016

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. reports that "...Some of the functions that this law would have is to carry out feasibility analysis to set up mineral processing establishments in areas with mining potential, within concession areas; and market products derived from the exploitation of mineral resources. "

Guatemala Reviews Mining Licenses

April 2012

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 Ministry of Environment and Natural Resources (MARN) analyzed 354 environmental impact studies, whose licenses were suspended after finding that there were shortcomings.

Another Two Mines Suspended in Guatemala

June 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.

A statement issued by the Ministry of Energy and Mines indicates that "...Adhering to the appeal granted by the First Chamber of the Court of Appeals of the Civil and Commercial Branch constituted in the Court of Appeal, the Ministry of Energy and Mines (MEM), notified Compañía Guatemalteca de Níquel (CGN), of the suspension of its authorization license for operating the mining exploitation project Niquegua Montufar II. "

 close (x)

Receive more news about Government

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Organization that operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica.
Phone: (502) 4035 2612

Company Profile

Stock Indexes

(Dec 9)
Dow Jones
S&P 500


(Dec 9)
Brent Crude Oil
Coffee "C"