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Colombia finds serious violations in mining permits

Thursday, March 7, 2013

Colombia's national mining agency cancelled 32 mining concessions between January and February this year.

The cancellations came after an audit found serious violations to the country’s technical, environmental, safety and economic standards.

In a press release, the mining authority said in 85 percent of the cases, resource companies lost their licenses due to something as basic as failing to fulfil their lease-related obligations and payments.

Source: Mining