Articles for tag: cancellations, completes, concession, mining, Panama, process

April 26, 2024

Ron Finklestien

mining

Panama completes process of mining concession cancellations

“Compliance with Law 407 that established the mining moratorium for metallic materials has been fully [completed]. The [commerce and industries ministry] complied with its implementation,” minister Jorge Rivera Staff told newspaper La Prensa. The minister pointed out that some companies are preparing ‘legal actions’ against the annulment of their concessions. In March, the ministry reported to the national assembly that 82 applications for metallic minerals exploration had been rejected to comply with the law, as reported by La Prensa. In December, the ministry rejected Orla Mining’s request to extend the three concessions for its Cerro Quema gold and silver project

January 4, 2024

Ron Finklestien

mining

Atico Mining: La Plata Mining Concession Extension Fueling Share Surge Atico Mining: La Plata Mining Concession Extension Fueling Share Surge

Atico Mining: Securing Long-term Growth Atico Mining, a Latin America-focused mining exploration company, has sparked investor enthusiasm with an announcement of a favorable long-term extension for its La Plata mining concession in Ecuador. The company revealed that the Ecuadorian government’s decision to extend the concession creates a conducive environment for Atico to advance its investment plans in La Plata. Notably, in a forward-looking scenario, the company also has the option to apply for an additional 25-year extension in 2048, further solidifying its position in the region. A Historic Gem: La Plata Project The La Plata project, wholly owned by Atico,