españolGuatemala: Ratification of Mine SuspensionWednesday, February 24, 2021 Following the ruling of the Constitutional Court, the Ministry of Energy and Mines decided to temporarily suspend the rights of the Fenix mining company, located in El Estor, department of Izabal. This case dates back years, since because of a legal appeal filed by a group of neighbors, who argued that the community consultation process for the operation of the mining project was not exhausted, in mid-July 2019 the magistrates of the Constitutional Court (CC) decided to suspend the mining right license of the Fenix mining company. Consumers: How to Get Reliable Information?Tuesday, February 23, 2021 In order to obtain truthful and accurate information free of any bias, it is preferred to analyze consumers through their online behavior, because when conducting traditional surveys, people tend to lie to give a good impression. Although the most recommended is to analyze large volumes of data that are generated by consumers when interacting in the digital environment, surveys can work under specific conditions. Honduras Ranked Last in Mining InvestmentThursday, March 1, 2012 Guatemala and Honduras are among the worst countries in the world in which to invest in the mining industry. The Policy Potential Index (PPI) is a composite index, which measures how attractive countries policies are for developing mining projects. It is published by the Fraser Institute, whose vision is a free and prosperous world where individuals benefit more when they have more choice, when markets are competitive, and when there is greater personal responsibility. Its mission is to measure, study and communicate the impact of competitive markets and government interventions on people’s welfare. The Best “NO” to MiningFriday, May 14, 2010 There is an unbeatable way to end with mining once and for all. Sometimes the best way to rebut extreme ideas is to reduce them to the absurd. This is what Santos Gabino Carvajal does in an article published in Sigloxxi.com. State of the Mining Industry in GuatemalaFriday, September 25, 2009 First part of the study "Contribution of the Mining Industry to Guatemala's Development 2009', by CIEN. This study was developed by Sigfrido Lée and María Isabel Bonilla de Anzueto, researchers at CIEN (Center for Economic Investigations). Costa Rica lifts measures prohibiting gold miningThursday, April 24, 2008 President Oscar Arias has signed a decree lifting the six-year prohibition of new mining projects. The decree calls for measures to safeguard the environment from damage that could be caused by mining activities. Nicaragua Offers its Mineral WealthThursday, February 28, 2013 An event in Canada will highlight the opening of the country for business, its pro-mines legal framework, partnerships between government and the private sector and investment opportunities in exploration and mining and non-mining activities. From a statement from ProNicaragua: Tougher Controls for Canadian Mining CompaniesFriday, January 29, 2010 Canada’s Supreme Court has ruled that Canadian mining corporations must conduct more detailed environmental impact studies. Several mining companies from Canada operate in Central America. Honduras: Low Prices Discourage MiningTuesday, July 5, 2016 Less mining of metals such as silver, lead, zinc and iron oxide explains the 17% drop in mining activities in the first quarter, compared to the last quarter. In the quarterly GDP report up to March 2016 the Central Bank states that "...The negative result in Mining and Quarrying (-17.0%) was associated with a decline in metal ore mining (silver, lead, zinc and iron oxide), which has been discouraged by low prices in the international market, which do not stimulate the development of projects aimed at exploring new mineral deposits. " International Mining Congress in PanamaFriday, October 14, 2016 From November 23 to 25 Latin American mining companies will be meeting in Panama City to explore business opportunities for the mining industry in Central America. The Mining Chamber of Panama is organizing, in conjunction with the Latin American Mining Organization (Olami) a Second International Mining Congress, which will focus on challenges and opportunities for mining activities in Central America. Minera Gold Quest Makes Progress in Dominican RepublicTuesday, January 23, 2018 The Ministry of Energy and Mines has requested that the Executive Power authorize the Canadian company Gold Quest a mining license for the Romero project in San Juan de la Maguana. Seven years is the estimated useful life of the deposit of gold, silver, copper, zinc and lead, whose present value is around $561 million in accordance with the current prices of metals. Nicaragua: $23 million in Mining InvestmentFriday, August 21, 2015 In the remainder of the year B2Gold plans to invest $23 million in mining work, expansion of tailings dam and other works in the La Libertad gold mine in Chontales. In addition, the concessionaire plans to invest $5 million in exploration in areas close to the mine and within the concession area. Representatives from the B2Gold predict closing 2015 with a total production of between 135,000 and 145,000 ounces of gold from the La Libertad and Santo Domingo mines. Mining Potential in NicaraguaMonday, August 7, 2017 Metallic and non-metallic mining projects granted in concession cover 8.4% of the country's land area, but less than 1% are in operation. From a report by the Chamber of Mining: Analysis of Mining Sector in HondurasWednesday, June 25, 2014 The study notes that in ten years the contribution of mining to the economy was only 1.25% of GDP. From a press release issued by the Central Institute for Fiscal Studies (Icefi): "Great Business" in courtWednesday, 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). |
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Wednesday, March 3, 2021 - last update: 5:15 pm
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