MAC/20: Mines and Communities

Argentina update: Morondanga mining bill only lasted five days

Published by MAC on 2021-12-21
Source: Pan American Silver

Thousands of families took the streets of Trelew, Puerto Madryn and Rawson.

On December 16, 2021, Pan American Silver Corp. announced that, on December 15, 2021, the legislature of the Province of Chubut in Argentina approved a legislative bill that would modify the provincial mining law to allow permitting of open pit mining.

Then on December 21, 2021, Pan American Silver Corp. announced that the executive of the same province in Argentina issued a decree to repeal the said bill.

What happened in between?
 
Thousands of families, moms, dads, and their children, took the streets of Trelew, Puerto Madryn, Rawson and other cities and towns, to express their legitimate right to say no to open pit mining.
 
Previous coverage:
 
2021-05-03 Ross Beaty: Thank you now f*ck off
2021-03-16 Assemblies kill bill in Patagonia, Argentina
2020-12-08 A Pan-American silver play is falling apart in Chubut, Argentina
2020-10-20 30,000 signatures for the protection of water in Chubut, Argentina
2020-09-29 Patagonia updates: 25,228 and counting
2016-09-15 Macri and Beaty against the law in Chubut, Argentina
2016-05-26 Update on anti-mining laws in Argentina
2012-12-04 To mine or not to mine - the burning question for Chubut, Argentina
2010-06-11 Declaration of the Indigenous Communities of the Central Plateau of Chubut, Argentina
2009-11-17 Patagonia: Where silver loses its shine
 
 

Pan American Silver provides update on the modification of the mining law in Chubut, Argentina

https://www.panamericansilver.com/news/news-releases/detail/180/2021-12-21-pan-american-silver-provides-update-on-the-modification-of-the-mining-law-in-chubut-argentina

Dec 21, 2021

VANCOUVER, BC, Dec. 21, 2021 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") reports that, on December 20, 2021, the executive of the Province of Chubut in Argentina issued a decree to the legislature to repeal the legislative bill passed on December 15, 2021 that would have modified the provincial mining law to allow permitting of open pit mining in certain zones in the Departments of Gastre and Telsen.

Pan American Silver owns 100% of the large Navidad silver project, which is located in the north central part of the province. Pan American Silver believes that properly permitted and regulated mining activity with sustainable mining practices, both environmental and social, could benefit the people of Chubut.

About Pan American Silver

Pan American Silver owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 27-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".



Pan American Silver reports on status of modification to the mining law in Chubut, Argentina

https://www.panamericansilver.com/news/news-releases/detail/179/2021-12-16-pan-american-silver-reports-on-status-of-modification-to-the-mining-law-in-chubut-argentina

December 16th, 2021

VANCOUVER, BC, Dec. 16, 2021 /CNW/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") reports that, on December 15, 2021, the legislature of the Province of Chubut in Argentina approved a legislative bill (the "Bill") that would modify the provincial mining law to allow permitting of open pit mining in certain zones in the Departments of Gastre and Telsen, which are defined by a land use sensitivity map. The Bill requires Executive approval and official publication before it becomes law.

Pan American Silver owns 100% of the large Navidad silver project. The Navidad project is located in the north central part of the province and is within the designated zone that would potentially allow permitting of open pit mining. Any mining project, including Navidad, would be required to undergo applicable review processes and apply for permitting under provincial laws.

Pan American Silver believes that properly permitted and regulated mining activity with sustainable mining practices, both environmental and social, can benefit the people of Chubut. Pan American Silver will continue to evaluate the potential development of Navidad. This work includes engaging in open, transparent dialogue with applicable communities of interest and assessing the permitting requirements, time lines and capital investment.

About Pan American Silver

Pan American Silver owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 27-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".

 

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