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
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- COLOMBIA : 13 July UPDATE: War Between The Presidents: Prez Santos Risks Rebel Stronghold Visit; Popularity Declines As FARC Rebuilds; Former Ally Seeks Santos Job.
- BRASIL: Business Still Stuck In Red Tape With The Old Bureaucracy.
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
- MEXICO: Legislature Votes To Strip Immunity From Politician Accused Of Narco Ties.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- Mexican Court Frees 22 Convicted Of Chiapas Killings.