Guatemala Revokes Licenses for Iron Prospecting

Minister Alfredo Pokus announced at a press conference that the project will not move past its exploration phase and the company involved has no claim options.

"Previously the Ministry of Environment had rejected the Environmental Impact Assessment, a requirement for the start of operations.", reported Prensalibre.com

The mining company Tikal Minerals, a subsidiary of Maya Iron Corporation, had requested three exploration licenses for Retalhuleu, Escuintla and Suchitepéquez covering almost 300 square kilometers in total.

"Environmental organizations had spoken out against the removal of the mineral ...".

Source: prensalibre.com

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