Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten
The company whose shareholders were better than its management
Message: El Mercurio
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Project on the new Mining Act [2008-04-29]
Quito .- The project on the new Mining Act, which began yesterday to be discussed with the sectors involved in this activity, will be delivered to the president until the end of May next.
Yesterday was held the opening of "mining dialogue" with delegates from small, medium and large enterprise, as well as communities and professional associations, to reach agreement on the new law.
"This is not to lay down the Mandate of the Assembly, but have a brand new concept," said yesterday the holder of the ministry of Mines and Petroleum, Galo Chiriboga. According to the resolution of the Constituent establishing a 180-day period, so that a law regulating this activity.
The event began with the presentation of a study which identifies the virtues and drawbacks in which develops the exploration and exploitation. The minister asked the companies small, medium and large to report problems that occur as a result of the Mandate. The remarks carried out by participants during the upcoming meetings, to take place in various cities throughout the country, will be included in the project.
If 180 days have not achieved the new body of law, be compiled bases contracts miners, as concerns the transitional provision third.
He noted that new legal framework will be included topics such as royalties to be paid dealerships, environmental protection and participation of the citizenry.
According to the ministry of Mines and Petroleum, from 4,500 concessions, among registered and granted pending, 79.6% do not comply with the environmental impact studies.
Besides the year 2007 the share of mining in the Gross Domestic Product (GDP) reached 0.25%. Therefore, he said that the wealth that exists in the subsoil should be moved not only to companies but it should involve all Ecuadorians.
The secretary of state called on mining companies, information regarding the contract staff and activities conducted, which have been affected by the implementation of the Mandate, to determine the possibility of relocation.
The next dialogue will be conducted on 6 and May 7 in the cities of Machala and Zaruma. (ALA)
Quito .- The project on the new Mining Act, which began yesterday to be discussed with the sectors involved in this activity, will be delivered to the president until the end of May next.
Yesterday was held the opening of "mining dialogue" with delegates from small, medium and large enterprise, as well as communities and professional associations, to reach agreement on the new law.
"This is not to lay down the Mandate of the Assembly, but have a brand new concept," said yesterday the holder of the ministry of Mines and Petroleum, Galo Chiriboga. According to the resolution of the Constituent establishing a 180-day period, so that a law regulating this activity.
The event began with the presentation of a study which identifies the virtues and drawbacks in which develops the exploration and exploitation. The minister asked the companies small, medium and large to report problems that occur as a result of the Mandate. The remarks carried out by participants during the upcoming meetings, to take place in various cities throughout the country, will be included in the project.
If 180 days have not achieved the new body of law, be compiled bases contracts miners, as concerns the transitional provision third.
He noted that new legal framework will be included topics such as royalties to be paid dealerships, environmental protection and participation of the citizenry.
According to the ministry of Mines and Petroleum, from 4,500 concessions, among registered and granted pending, 79.6% do not comply with the environmental impact studies.
Besides the year 2007 the share of mining in the Gross Domestic Product (GDP) reached 0.25%. Therefore, he said that the wealth that exists in the subsoil should be moved not only to companies but it should involve all Ecuadorians.
The secretary of state called on mining companies, information regarding the contract staff and activities conducted, which have been affected by the implementation of the Mandate, to determine the possibility of relocation.
The next dialogue will be conducted on 6 and May 7 in the cities of Machala and Zaruma. (ALA)
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