| Chile's top court halts Goldcorp's El Morro mine | |
| | |
|
SANTIAGO, Chile (AP) -- Chile's Supreme court on Tuesday suspended the development of the El Morro mine owned by Canada's Goldcorp after siding with indigenous groups that oppose it on environmental grounds.
The top court ordered the project's environmental permit be withdrawn until the Diaguita indigenous community is consulted about the $3.9 billion gold and copper mine. In doing so, it overturned a lower court decision dismissing an appeal the Diaguita filed in April.
"The Diaguita people are happy that justice is on the side of the humble, of those who defend Mother Earth, our water resources and our indigenous land," Diaguita leader Maglene Campillay said after the ruling.
Goldcorp, which is based in Vancouver, owns 70 percent of the mine. New Gold Inc. owns the remaining 30 percent. Goldcorp is now reviewing the ruling to determine its next step, said company spokeswoman Christine Marks.
"Goldcorp remains committed to open and transparent dialogue with its stakeholders and to responsible practices in accordance with the highest applicable health, safety and environmental standards," Marks said.
Chile, the world's top copper producer, has some of Latin America's most stable ground rules for mining, an industry the country relies on for most of its economy. But even here, mining and energy projects have been delayed as environmentalists and indigenous communities go to court demanding tougher protections for nearby populations and natural resources.
Last year, Chile's environmental regulator blocked work at Barrick Gold Corp's $8.5 billion Pascua-Lama. The project straddling the Argentina-Chile border has faced rising costs, falling gold prices and environmental lawsuits by Diaguita who live downstream from the mine and complain it threatens their water supply and pollutes nearby glaciers.
__
Luis Andres Henao on Twitter: https://twitter.com/LuisAndresHenao
|
|
|
New Gold Inc.
|
|
PRODUCTEUR |
CODE : NGD |
ISIN : CA6445351068 |
CUSIP : 644535106 |
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
New Gold est une société de production minière d'or basée au Canada. New Gold est productrice d'or, d'argent, de cuivre, de plomb et de zinc au Mexique et en Australie, en développement de projets d'argent, de cuivre et d'or au Bresil, au Canada et au Chili, et détient divers projets d'exploration au Canada. Ses principaux projets en production sont PEAK MINES en Australie et CERRO SAN PEDRO, MESQUITE et CERRO SAN PEDRO au Mexique, ses principaux projets en développement sont AMAPARI au Bresil, NEW AFTON au Canada et EL MORRO au Chili et ses principaux projets en exploration sont AJAX - PYTHON, BUCK CLAIMS, 3TS, SIZZLER, CC PROPERTY, VO PROPERTY, TAK PROPERTY, MOUSE MOUNTAIN, G-SOUTH, CHUBBY BEAR, LIBERTY BELL, BOULEVARD, BOUVETTE, WIT YUKON, RAM, SLATE FALLS, PROSPECTOR MOUNTAIN, MAYO, DAVIDSON, BLACKWATER, BOULDER CREEK, CAPOOSE, NATIONAL, CORRAL CANYON et RUDE CREEK au Canada et RIO FIGUEROA au Chili. New Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 610,0 millions US$ (534,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 07 janvier 2011 à 9,99 US$, et son plus bas niveau récent le 20 mars 2020 à 0,39 US$. New Gold possède 575 460 032 actions en circulation. |