Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten
The company whose shareholders were better than its management
Message: A bit more from El Universo...don't have time to remove the spanish, gotta run!
Here is the Google translation with just English:
A total of 2'082 .024,96 hectares returned to state hands, following the implementation of Articles 2 and 6 of mining mandate, approved by the National Constituent Assembly on 18 April.
The amount reversed equivalent to 46% of the area which, until earlier this ruling, had been transferred to mining activity. More than 992,000 hectares that were passed to state power in the hands of the ten largest dealerships, of which at least eight are Canadian capital.
Article 2 states "declare the extinction without any financial compensation to all the concessions in the exploration phase, have not invested until December 31, 2007."
The same fate those who have no environmental impact studies, nor conducted consultation with the communities.
Article 6, however, said "the moratorium (suspension) the granting of new concessions (...) and archiving of new procedures for granting". But in this case, the Government return the money that companies have spent on their paperwork; totalling $ 1.18 million. For every concession will be recognized reversed $ 100.
The refund will be implemented once the Ministry of Finance will transfer the resources for this purpose.
The areas returned to the State may not be invaded by informal miners, and to ensure that this does not happen ministries of Defense and Government "take the areas," warned Galo Chiriboga, Minister of Mines and Petroleum.
Similarly, said the official, on June 27 next will be presented the draft Mining Law that will govern future and incorporating royalties to the state.
Chiriboga morning to receive the mayors and prefects of the various cities and provinces where there is mineral wealth, to discuss reforms that would enable communities to participate in the mining business. The areas of greatest mineral production are in Imbabura, Azuay, Zamora, Loja, Pichincha, Guayas, El Oro and Chimborazo.
Galapagos
The Ministry of Mines issued an administrative act regulating the extraction of construction materials in the Galapagos Islands.
Dialogues
The dialogues miners, launched on April 28 ended June 22.
The amount reversed equivalent to 46% of the area which, until earlier this ruling, had been transferred to mining activity. More than 992,000 hectares that were passed to state power in the hands of the ten largest dealerships, of which at least eight are Canadian capital.
Article 2 states "declare the extinction without any financial compensation to all the concessions in the exploration phase, have not invested until December 31, 2007."
The same fate those who have no environmental impact studies, nor conducted consultation with the communities.
Article 6, however, said "the moratorium (suspension) the granting of new concessions (...) and archiving of new procedures for granting". But in this case, the Government return the money that companies have spent on their paperwork; totalling $ 1.18 million. For every concession will be recognized reversed $ 100.
The refund will be implemented once the Ministry of Finance will transfer the resources for this purpose.
The areas returned to the State may not be invaded by informal miners, and to ensure that this does not happen ministries of Defense and Government "take the areas," warned Galo Chiriboga, Minister of Mines and Petroleum.
Similarly, said the official, on June 27 next will be presented the draft Mining Law that will govern future and incorporating royalties to the state.
Chiriboga morning to receive the mayors and prefects of the various cities and provinces where there is mineral wealth, to discuss reforms that would enable communities to participate in the mining business. The areas of greatest mineral production are in Imbabura, Azuay, Zamora, Loja, Pichincha, Guayas, El Oro and Chimborazo.
Galapagos
The Ministry of Mines issued an administrative act regulating the extraction of construction materials in the Galapagos Islands.
Dialogues
The dialogues miners, launched on April 28 ended June 22.
http://www.eluniverso.com/2008/06/10...
Google translation:
A total of 2'082 .024,96 hectares returned to state hands, following the implementation of Articles 2 and 6 of mining mandate, approved by the National Constituent Assembly on 18 April.
The amount reversed equivalent to 46% of the area which, until earlier this ruling, had been transferred to mining activity. More than 992,000 hectares that were passed to state power in the hands of the ten largest dealerships, of which at least eight are Canadian capital.
Article 2 states "declare the extinction without any financial compensation to all the concessions in the exploration phase, have not invested until December 31, 2007."
The same fate those who have no environmental impact studies, nor conducted consultation with the communities.
Article 6, however, said "the moratorium (suspension) the granting of new concessions (...) and archiving of new procedures for granting". But in this case, the Government return the money that companies have spent on their paperwork; totalling $ 1.18 million. For every concession will be recognized reversed $ 100.
The refund will be implemented once the Ministry of Finance will transfer the resources for this purpose.
The areas returned to the State may not be invaded by informal miners, and to ensure that this does not happen ministries of Defense and Government "take the areas," warned Galo Chiriboga, Minister of Mines and Petroleum.
Similarly, said the official, on June 27 next will be presented the draft Mining Law that will govern future and incorporating royalties to the state.
Chiriboga morning to receive the mayors and prefects of the various cities and provinces where there is mineral wealth, to discuss reforms that would enable communities to participate in the mining business. The areas of greatest mineral production are in Imbabura, Azuay, Zamora, Loja, Pichincha, Guayas, El Oro and Chimborazo.
Galapagos
The Ministry of Mines issued an administrative act regulating the extraction of construction materials in the Galapagos Islands.
Dialogues
The dialogues miners, launched on April 28 ended June 22.
The amount reversed equivalent to 46% of the area which, until earlier this ruling, had been transferred to mining activity. More than 992,000 hectares that were passed to state power in the hands of the ten largest dealerships, of which at least eight are Canadian capital.
Article 2 states "declare the extinction without any financial compensation to all the concessions in the exploration phase, have not invested until December 31, 2007."
The same fate those who have no environmental impact studies, nor conducted consultation with the communities.
Article 6, however, said "the moratorium (suspension) the granting of new concessions (...) and archiving of new procedures for granting". But in this case, the Government return the money that companies have spent on their paperwork; totalling $ 1.18 million. For every concession will be recognized reversed $ 100.
The refund will be implemented once the Ministry of Finance will transfer the resources for this purpose.
The areas returned to the State may not be invaded by informal miners, and to ensure that this does not happen ministries of Defense and Government "take the areas," warned Galo Chiriboga, Minister of Mines and Petroleum.
Similarly, said the official, on June 27 next will be presented the draft Mining Law that will govern future and incorporating royalties to the state.
Chiriboga morning to receive the mayors and prefects of the various cities and provinces where there is mineral wealth, to discuss reforms that would enable communities to participate in the mining business. The areas of greatest mineral production are in Imbabura, Azuay, Zamora, Loja, Pichincha, Guayas, El Oro and Chimborazo.
Galapagos
The Ministry of Mines issued an administrative act regulating the extraction of construction materials in the Galapagos Islands.
Dialogues
The dialogues miners, launched on April 28 ended June 22.
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