Another Two Mines Suspended in Guatemala

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.

Thursday, June 9, 2016

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. "

The decision to suspend the operation comes days after a bill was submitted to the Guatemalan Congress to suspend the issuance of licenses for five years, even though in February this year the Executive was clear that it will not allow a moratorium on the sector to be passed.

A similar case is the mining project called Tajmulco II, in the municipality of Tajmulco, which since 2006 had a license to explore gold, silver, copper, lead and zinc in an area of 15 square meters. The MEM also suspended its operation permanently.

S21.com.gt explains that "...The license was granted on April 3, 2013, identified as LEXT-019-11 and allowed the company to carry out 'exploitation of 30 linear meters deep in the ground and the exclusive right to exploit mineral products called nickel, chromium, cobalt, iron and magnesium. ' "

See "Guatemala: Obstacles to Mining Investment"

"... In the same year the Center for Legal Environmental and Social Action in Guatemala (Calas) filed an appeal with the First Appeals Chamber of the Civil and Commercial Branch with the argument that Calas had opposed the issuance of the license, which was not taken into account by the MEM when the resolution was issued, said the company's lawyer, Rafael Maldonado. "

More on this topic

Guatemala: Mining Exports Down 20%

August 2016

The decline in production and lower international prices explain the 20% drop in sales abroad in the first half of the year compared to the same period in 2015.

The results from the first half of the year come at a time when the suspension of several mining licenses has started to cause uncertainty among companies and concessionaires in the sector.

Guatemala: Uncertainty in Mining Sector

June 2016

In one week seven projects were suspended and ten others could also suffer the same fate, while 611 license applications are under review.

Ten projects located in Santa Rosa, Quiché, San Marcos, Quetzaltenango, Huehuetenango, Totonicapan and Baja Verapaz are facing law suits for different reasons, from alleged violations of the human right to water to a breach of opposition administrative formalities.

Guatemala Grants Mining licenses to Russians and Canadians

April 2013

Compañía Guatemalteca de Níquel, S.A. and Minera San Rafael S.A have been granted permission to undertake controlled mining activities in two sectors of the country.

From a press release issued by the Ministry of Energy and Mines of Guatemala (MEM):

This morning (yesterday) authorities at the Ministry of Energy and Mines (MEM) reported the granting of two mining licenses, identified as SEXT-015-11 "ESCOBAL" to company "MINERA SAN RAFAEL, SA" and SEXT-019-11 "Proyecto de Explotación Minero Niquegua MONTÚFAR II" for company "Compañía Guatemalteca de Níquel, S.A.".

Mining Companies Concerns in Guatemala

December 2012

Mining businesses are concerned about communities who are resistance to mining activities, delays in the approval of permits and amendments to the Mining Act.

Next on the list of concerns for the sector, is the evolution of the global crisis, which investments in the extractive industry are dependent on.

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