Mici had received an additional four between June and November 2009.

“Four companies filed these 10 requests for authorization: Competrol Panamá S.A., Royal Mineral Exploration Corp., Panamerican Mines Corp. y Santa Rosa Mining Corp. Combined, they intend to explore 81.222 hectares”, reported Prensa.com.

In total since the 1990s, Mici processed 154 requests for metal mining.

Source: Prensa.com

More on this topic

Mining and Bureaucracy

April 2018

In Panama, it is being claimed that gold mining activity at the Cerro Quema mine will set back 18 months, due to a delay in approving the environmental study and the extension of a concession on the part of the government.

General managers of the company Minera Cerro Quema, in charge of the concession for the mine, stated that the Environmental Impact Study (EIA) was presented three years ago, and they have still not received approval from the authorities.

Panama: Halt on Mining Concessions

January 2015

The Varela administration has announced that it will analyze revoking the concession granted to Petaquilla Minerals to operate at Molejón and freeze the paperwork for new mining concessions.

Despite the large mineral potential in Panama, the Minister of Commerce and Industry, Meliton Arrocha, announced that mining concessions have been frozen pending audits of permits issued in previous administrations.

Panama: Green Light for Petaquilla Gold

January 2010

The Industry Ministry and the National Environment Authority authorized the commercial operation of the mining operation.

Roberto Henríquez, Commerce Ministry, remarked that after several negotiations, they managed to achieve more benefits for the Panamanian state.

"The company promised to pay 4% of its gross income to the State as royalties, once they start commercializing the precious metal.

No to Mining in El Salvador

February 2009

The President of the Republic declared that he will not authorize mining exploration permits for the company Pacific Rim.

In an article in Laprensagrafica.com, Keny López Piche writes: “While Elías Antonio Saca is in the presidency, he will not authorize not even one permit (for mining exploration), not even environmental permits, that are previous to the ones granted by the Ministry of Economy,” declared the executive in a phone call made to a catholic radio station that at the time was transmitting a program regarding the consequences of mining in the country."