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El Salvador becomes first country to ban all metal mining

Posted by ipso facto @ 10:36 on March 30, 2017  

Lawmakers in El Salvador, Central America’s smallest nation, have passed a law that bans all mining for gold and other metals, making the country the world’s first to impose such a broad prohibition on the extraction of minerals, environmentalist said.

The ruling, aimed at protecting the nation’s allegedly quite fragile environment, comes after a long-dragged dispute over a proposed gold mine by Pac Rim Cayman, a unit of Canadian-Australian company OceanaGold Corp. (TSX:OGC).

Legislators across the political spectrum supported the measure, which does not apply to quarrying or the mining of coal, salt and other non-metallic resources.

Supporters said the ban was essential to protect water resources and reduce social tensions.

“Mining is not an appropriate way to reduce poverty and inequality in this country,” Ivan Morales, country director for the charity Oxfam in El Salvador said in a statement. “It would only exacerbate the social conflict and level of water contamination we already have.”

cont. http://www.mining.com/el-salvador-becomes-first-country-to-ban-all-metal-mining/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.