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


Shareholder advisor Ethos rejects Holcim, Lafarge merger

Swiss shareholder advisory group Ethos recommended on Thursday rejecting the merger of cement maker Holcim with France's Lafarge because it believes the Swiss group is better off on its own, More

NSSGA recognised by Green Seal programme for environmental practices

The National Stone, Sand and Gravel Association has been recognised by the Green Seal Green Office Partnership Program. More

Advertise Here