http://www.reuters.com/article/2012/04/30/us-goldcorp-idUSBRE83T0CL20120430
A major blow for Vancouver-based Goldcorp's El Morro copper and gold mine project in the Atacama desert.
Chile's supreme court suspended the permit for the $3.9 billion project.
The justices upheld an appeals court decision requiring more community approval and renewed environmental studies.
The decision will raise costs and delay production of an estimated 200 million pounds of copper and perhaps 210,000 ounces of gold.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- BRASIL: FIFA Ponders Guns Swap For World Cup Football Tickets; Lula's Tumor 75% Reduced.
- FRANCE: Angry Basque Force Sarkozy To Hide In Bar.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- Wall Street Journal Profiles Mexico's notorious "El Chapo."
- CHILE: 16 Jan. UPDATE: Camila Vallejo Interviewed; May Run For MP As Communist.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- ARGENTINA / RUSSIA / BELARUS/ UK : Olympics News...Sort Of.