Thursday, December 17, 2015

Colombian press brings attention to illegal mining

On Thursday, leading Colombian daily El Tiempo ran a massive multimedia special on the scourge of illegal mining in Colombia, accompanied by several detailed articles and interviews.

El Tiempo called illegal gold mining “a cancer that, literally, is eating the earth and rivers of at least nine departments in Colombia.” According to the feature, within the last five years, this cancer has metastasized, leaving behind mercury-polluted deserts in its wake. The feature details the destructive mechanics, the process of illegal mining, and how it quickly can destroy an entire landscape, leaving behind polluted and toxic pools.

One article took pains to contrast the problem of illegal mining with licit mining by large mining companies, interviewing Carlos Mario CastaƱo, the corporate environmental director for Mineros S.A. He detailed the steps that Mineros S.A. takes to engage in responsible mining and the money that it invests in environmental protection and remediation, and in community development.

In other mining-related news, business journal Portafolio published a roundup on the mining industry in 2015, highlighting that the industry’s great failure in 2015 was the National Mining Agency’s inability to clear out the backlog of 10,000 unanswered applications for mining titles.


Lastly, in oil news, Canadian oil company Pacific was suspended on both the Canadian and Colombian exchanges for unspecified reasons after its share price had climbed 65% in one day.  

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