Colombia looking to improve mining access

Dec 27, 2006 | 03:06 PM | Paul Harris

Colombian authorities want to present a bill to Congress in March that would improve access to land for miners and discourage speculators, Beatrice Duque, director of mines at Colombia's Ministry of Mines and Energy, said.

The bill would change the way mining titles are administered to make it more difficult for non-miners to obtain and retain claims.

"After five years of the mining code (which was crafted in 2001), there are some things that need adjustment. We do not want mining titles to be in the hands of people that are not interested in developing mining projects, such as speculators," she said.

Duque said the bill will probably stipulate that the canon for a mining title be paid at the time of application, with subsequent annual payments for the length of time the title is held in addition to the implementation of technical and economic accreditation to be able to make claims. ....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events