Bank of Areas and Titles for Mining Formalization and Its Effects

Mining attorney Estefanny Pardo presented a radio program in partnership with La Voz Minera EMG titled "Minería al Día con Estefanny Pardo." In this episode, Ms. Pardo analyzes the draft decree for the creation of the Bank of Mining Areas and Titles for Formalization, recently published for comments. She explains how this proposal seeks to resolve confusion over what zones can be used for formal mining activities by compiling a list of available areas. Ms. Pardo points out various categories of areas that would be part of this bank, such as areas returned by concessionaires, zones with expired or renounced titles, and areas under the administration of the Society of Special Assets. Additionally, she warns about potential adverse effects including implicit restrictions on the application for new mining titles and challenges that could arise in reconciling mine closure processes with formalization. Because the decree is still a draft under discussion, Ms. Pardo emphasizes the importance of analyzing its possible implications for the formal mining sector.

Duration: 14:25

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