Latest News


Keyword Search

RegionB

North / South America

MINAE has restored Cemex's mining rights

Oct, 04 2013


Costa Rica - The Ministry of Environment and Energy (MINAE) has restored mining company Cemex’s concession to mine limestone in the canton of Abangares in Guanacaste.

File photo.

The company’s concession had been suspended after a complaint filed by the Municipality of Abangares claimed the firm had failed to pay a tax dictated by Article 40 of the Mining Code.

However, MINAE’s Directorate of Geology and Mines ruled that Cemex’s activity is not subject to the tax in Article 40.

Cemex has held the concession for the mining of non-metallic mineral resources – in this came, limestone – since 1974.


Source

Bookmark and Share
Comments
0 Comment(s)
Add Your Comments


Tanzania to double cement output

Tanzania expects to double its cement production in the next few years as new factories come on-stream to satisfy growing demand from the construction sector, a senior government official said on Tuesday. More

Superior Silica Sands and Di-Corp Partner in frac sand transloading

Superior Silica Sands and Di-Corp will start serving a new frac sand terminal near Rocky Mountain House, Alta, located southwest of Edmonton, in early 2015 to meet rising demand for frac sand in the Western Canadian Sedimentary Basin. More

Advertise Here