The Ministry of Energy and Mines (MEM) announced it is suspending the issuing of new mining permits for the next 90 days. It also announced it will not be receiving requests for exploration concessions for the next six months. The Ministry said the break is to give time to strengthen the norms through resolutions based on the law that are meant to reorganize the system.
During the suspension period, the MEM will concentrate on updating and complementing the assessment system for mining concessions, so the legal framework is adequate for the new times.
The MEM says the resolution does not affect requests for regularization of exploitation of small mining operations being processed.
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Ministry of Energy and Mines
28 August 2017
