No to Mining in El Salvador

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

Thursday, February 26, 2009

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."

More on this topic

Less Investment in El Salvador

July 2017

The company Oceana Gold has paid the $8 million it owed because of the international arbitration case it lost against the Salvadoran state and has announced that it has no plans to continue mining activities in the country.

With the payment of $8 million plus interest, an end has been brought to the litigation that began years ago between Pacifi Rim, now Oceana Gold, and the Salvadoran state.

More Companies Apply for Gold Exploration in Panama

June 2010

On December 2009, the Commerce Ministry (Mici) received six new applications for exploring gold.

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.

Arbitration Between Mining Company and El Salvador

July 2009

Pacific Rim interposed an arbitrage against El Salvador, process that started on June 15.

The arbitration was interposed by Pacific Rim on the grounds that the country did not grant permission for the start of operations of El Dorado, a gold extraction project located in the Cabañas department.

Request for Reconsideration of Gold Mine Denial in El Salvador

March 2009

Community development associations in the region of El Dorado requested President Saca to reconsider his decision not to allow the exploration of precious metals.

At a press conference, the claimants, who denied being employees of Pacific Rim, the Canadian mining company which is mainly affected by the presidential decision, indicated that operation of the El Dorado mine area would bring the jobs needed to alleviate the extreme poverty of local inhabitants.

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Ministerio de Energía y Minas de Guatemala

Organization that operates in Guatemala.
Phone: (502) 2419 6464

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