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. 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. "

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