El Salvador's Congress has approved a law that would lift the country’s seven-year-old ban on mining for metals. The law, proposed by President Nayib Bukele and passed Monday on a 57 to 3 vote, would allow mining everywhere except nature reserves and sensitive watersheds. It’s expected to go into law with his approval.
The Afternoon WireRelief, defiance, anger: Families and advocates react to Biden's death row commutationsThe Afternoon WireHouse Ethics Committee accuses Gaetz of paying for sex, including with 17-year-old girlGeorgia turns to backup Stockton at quarterback in CFP quarterfinal; Beck has season-ending surgeryNissan and Honda to attempt a merger that would create the world's No.
The law bans the use of toxic mercury in gold mining, and would require private companies to enter a type of joint venture with the government to open mines.“It will damage this country forever,” Msgr. Escobar Alas said in a homily. “They are giving us a gift, on Dec. 23, 2024, of pollution for our water, our land,” said Adalberto Blanco, of the Permanent Roundtable on Risk Management.El Salvador’s president is triumphant after his bet on bitcoin comes trueA poll released by Central American University José Simeón Cañas suggested that a majority of Salvadorans feel mining is not appropriate for their country.
El Salvador Mergers And Acquisitions General News Latin America Voting World News Business Climate And Environment Adalberto Blanco Climate
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
El Salvador president proposes ending country's metals mining banEl Salvador President Nayib Bukele has proclaimed himself in favor of mining gold in the Central America country and called his nation’s 7-year-old ban on metals mining “absurd.” It immediately puts in jeopardy the historic prohibition.
Read more »
El Salvador sitting on $3 trillion worth of unmined gold, president saysNo 1 source of global mining news and opinion
Read more »
El Salvador's president is triumphant after his bet on bitcoin comes trueEl Salvador's President Nayib Bukele is triumphant about his big bet on bitcoin as the cryptocurrency reached historic highs, surpassing $100,000 for the first time. Bitcoin has been legal tender in the country since 2021 but it never quite matched the president’s enthusiasm.
Read more »
Catholic church calls on president of El Salvador not to lift ban on gold miningThe Roman Catholic Church has called on the president of El Salvador not to lift the country's ban on gold mining. Archbishop José Luis Escobar Alas asked President Nayib Bukele not to reverse the ban, which has been in place since 2017. Escobar Alas said “it will damage this country forever.
Read more »
El Salvador President Showcases National Portfolio as Bitcoin Tapped $100KCrypto Blog
Read more »
El Salvador's president is triumphant after his bet on bitcoin comes trueEl Salvador's President Nayib Bukele bet big on bitcoin as the cryptocurrency reached historic highs, surpassing $100,000 for the first time.
Read more »