|
|
 |
 |
HOME
Where it all begins!
|
|
|
|
|
|
 |
|
INSIDECOSTARICA.COM
|
COSTA RICA NEWS
|
Tuesday 16 November 2010 |
 |
|
|
|
Law
Banning
Open Pit
Mining
In Costa
Rica
Will Not
Affect
Current
Projects
BNamericas
cited
Francisco
Castro
director
of the
geology
and
mines
service
at the
Ministerio
de
Ambiente
y
Energia
y
Technoogia
(MINAET)
-
Environment,
Energy
and
Telecommunications
Ministry
- as
saying
that the
partial
reform
to Costa
Rica's
mining
law that
prohibits
open pit
metallic
mining
will not
affect
the
country's
current
projects.
Castro
said
that the
law is
not
retroactive,
so
companies
that
have
concessions
will
continue
with
their
projects.
Any
concessions
that are
still in
the
process
of being
granted
will
have to
be
shelved
once the
law
comes
into
effect.
Costa
Rica's
legislators
approved
an
amendment
to the
mining
code
that
prohibits
projects
involving
gold and
other
open pit
mining
in the
country
on
November
9.
Companies
with
assets
in Costa
Rica
include
Calgary
based
Infinito
Gold
with its
Crucitas
gold
project
and
Vancouver's
B2Gold
which
owns the
Bellavista
project.
Castro
said
that in
May,
Presidenta
Laura
Chinchilla
extended
the
moratorium
on open
pit
metallic
mining
projects
in the
country
continuing
the
policy
of
former
president
Oscar
Arias.
This is
a
partial
reform
in
response
to the
executive
decree
issued
by the
former
administration
and
ratified
by
President
Chinchilla.
He said
that in
her
government
plan,
Chinchilla
committed
to
ending
open pit
metallic
mining
and this
law is
consistent
with her
promise.
(Sourced
from
Business
News
Americas)
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
| |
Costa Rica's Daily English News
Source
Apdo. 2133-1000, San José, Costa
Rica
Tel: (506) 2231 3205 / (506) 8399
9642
Fax: (506) 2232 6337
|
|
|
|
|
|
|
|
Insidecostarica is an independent news media
portal featuring news of Costa Rica, Central
America, Latin America and other wonderful
and weir stuff. External links are
provided for reference purposes.
Insidecostarica.com is not responsible for
the content of the external sites.
If you need more information or to provide
recommendations, write to
editor@insidecostarica.com
|
|
|
|
|
Join
our Facebook page