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Re: anski100 post# 17825

Monday, 10/22/2012 5:59:26 AM

Monday, October 22, 2012 5:59:26 AM

Post# of 26631
Good work Anski100! You beat me to it!!

ANATI denies Minera Panama area
OLIVARES MARIA FE
molivares@laestrella.com.pa
Following in the footsteps of the resolution on the San Juan, another order dismissing the mining lands in Donoso

DONOSO. Futura Cobre Panama mine Minera Panama, SA Photo courtesy | Minera Panama


22.10.2012 - 12:00:00 AM - PANAMA. Last Friday, the National Authority of Land Management (ANATI) issued Resolution No. 026 which recognizes no legal force or effect to the briefs filed by Minera Panama, S. A. (MPSA) of Inmet Mining Corporation (Inmet) to report on the exercise of rights of way.

These rights would allow the mining use, install and works or roads in areas owned by the state.

On April 27, 2010, Monica Rios Urriola, special agent for Minera Panama, S. A. filed an application for lease of a polygon of 7.543 hectares located in the village of Cocle del Norte, in the district of Donoso, Colon province. This land was critical for mining because it abuts the Cobre Panama project grant.

In your request, MPSA said the lease of the land to provide the guaranteed use of the area not involved in the execution of operations there. In addition, he stressed that this would depend on the approval of the EIA and other permits required by the Ministry of Trade and Industry (MTI).

However, ANATI said that these constructions are made, they must meet the rigorous procedures. It urged the parties to appear before the Judge Natural (Court of Arbitration) PTQ and Inmet established to settle disputes concerning the interpretation of the contract contained in Law No. 9 of 1997, known as Law Petaquilla '.

In addition, the ANATI noted that the document submitted to MPSA Mineral Resources Management (DRM) is not clear to what MPSA requested the lease of land or what fate will have areas within their copper project.

The order for the ANATI, Minera Panama, S. A. not meet the requirement of necessity under the third clause of the Act Petaquilla. Add a contradiction legal request a mining lease area on the basis of the law and at the same time, on that basis, that is putting communicate easements in these areas fall outside and within the concession.

MPSA territorial problems seem never ending. By Resolution 2012-509, on 25 September this year the DRM dismissed the request for Inmet and San Juan Donoso and favored in Petaquilla Minerals Ltd.
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