Legislators Exclude Mining Restriction From Environmental Law
The Assembly of Panama has approved, in its first reading, Bill 415 on environmental protection, without the article which eliminates existing mining concessions.
Tuesday, January 31, 2012
Panama's National Assembly approved on first reading Bill 415 which is related to the special protection of water, environmental and mineral resources in Cerro Colorado, with the omission of Article 5, which would have eliminated existing mining concessions and forced the companies operating there to suspend work.
The Panamanian National Assembly approved bill number 277 which amends the Mineral Resources Code.
The Commerce Commission of the National Assembly has begun discussing Bill No.394, which restores repealed articles in the Mineral Resources Code.
Draft legislation presented by the Ministries of Economy and Environment has temporarily suspended procedures related to exploration and metal mining.
Panama's National Assembly have given final approval to law 415 which prohibits mining and protects water and environmental resources in the Ngäbe Bugle region.
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