Mining, Metal mining and mining
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International Mining Congress in Panama
Monday, July 27, 2015
On November 12nd and 13th Panama City Latin American mining companies will be gathering together in Panama City to address the challenges and opportunities for the industry in Central America.
The Mining Chamber of Panama is organizing the event, in conjunction with the Latin American Mining Organization (Olami), called the First International Mining Congress, which will focus on the challenges and opportunities of mining activities in Central America.
Analysis of Mining Activity in Central America
Thursday, November 6, 2014
Conflicts over environmental protection and excessive bureaucracy in the process of granting concessions are the factors that limit the great mining potential in the region.
The mining sector in Central America represents great potential for investment and business, however, it has so far contributed only 0.75% to the Gross Domestic Product (GDP), averaged from the six countries in the region, between 2008 and 2012.
International Mining Expo 2014 Conference
Wednesday, October 1, 2014
On November 19th-21st 2014 companies engaged in mining infrastructure and construction in Central America and the Caribbean will meet in the Atlapa Convention Center in Panama.
The Mining Chamber of Panama, is organizing for the third time the International Minera EXPOConferencia event.
Mr Zorel Morales, Executive Director of the Mining Chamber of Panama, said that "...
Everybody Wins, Nobody Loses ... Except You and Me
Wednesday, February 12, 2014
The money that the State of Costa Rica will lose in the dispute over the failed concession of the Crucitas mine will come from taxpayer's pockets.
Editorial
During the 20 year period of the soap opera that is Crucitas gold mine, none of the individuals who are involved in one way or another have suffered any financial loss and many, on the contrary, have seen an increase in their income and their bank accounts.
Mining Negotiations at Global PDCA Convention
Monday, January 20, 2014
Representatives of companies in the sector and investors will meet from 2 to 5 March in Canada in order to take part in the business conference.
The Prospectors and Developers Association of Canada (PDCA) has organized since 1932 the Annual Mining Convention which is attended by companies involved in the industry of mining exploration and exploitation in various countries.
"Great Business" in court
Wednesday, May 15, 2013
Transnational oil and mining companies are taking states to international arbitration where "they get money that they did not even invest."
So says Manuel Perez Rocha, coordinator of the Network for Justice in Global Investment in Washington, who explains that when a Latin American state suspends exploration or exploitation permits, multinationals always manage to extract profits from international courts, particularly the International Centre for Settlement of Investment Disputes (ICSID).
Peru: Mining Companies to Pay More Taxes
Monday, September 26, 2011
The Peruvian Congress has passed a law which will raise the taxes on mining profits by six times its current value, equating to about $1,100 million annually.
The reform, driven by nationalist president Ollanta Humala, aims to reduce the high rate of poverty in the country which is rich in natural resources.
An Article in Reuters reports, "Peru's mining sector, the second largest producer of copper and silver, is vital to the local economy as it contributes to nearly 60 percent of export earnings."
Mining in Central America
Wednesday, June 2, 2010
El Salvador and Costa Rica say NO. Panama and Nicaragua say YES. Guatemala and Honduras are expected to decide soon.
Gold and copper prices are on the rise, and investors are eager to put money in extraction projects all over Central America.
But the governments of Central America have different opinions over this industry. While these projects are welcomed and authorized In Panama and Nicaragua, informal and formal moratoriums to the activity are being decreed in Costa Rica and El Salvador, stopping mining concessions under pressure from environmentalist groups. Meanwhile, in Guatemala and Honduras new projects are awaiting rules and regulations that will likely toughen environmental regulations for the mining industry.