Petaquilla Resists to lose Molejón MineThe concessionaire has filed a reconsideration motion to avoid cancellation of the concession, and while it is resolved, the government will take care of the necessary maintenance work.Wednesday, August 5, 2015
The review process to be carried out now by the Ministry of Commerce and Industry (Mici) could take up to two months. Once the process has been completed, it will be decided whether or not to cancel the concession granted to the Canadian company Petaquilla Minerals. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Panama: Final End to Molejón Mining ConcessionNovember 2015 The Supreme Court rejects appeal case presented by Petaquilla Minerals to reverse the cancellation of the concession to exploit the gold mine El Molejón. Panama Could Cancel Molejón Mining ConcessionJuly 2015 Although the concessionaire Petaquilla Minerals says it is complying with the requirements of the government, the possibility of canceling the concession is being studied. Panama: New Manager for Molejón MineFebruary 2015 As part of the restructuring process to reactivate the operation in the gold mine, Petaquilla Mineras has appointed Arenisca Properties S.A. to manage works at the mine. Notice of Cancellation Given to Petaquilla GoldJanuary 2015 Petaquilla Gold has been granted 180 days to catch up with outstanding payments of royalties, fees to the Social Security Department and other payments.
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