Copper Mesa Loses 2 Concessions in Intag

By , November 21, 2008
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The government announced this week that Copper Mesa Mining Corporation had reverted back to the state the concessions Golden 1 and Golden 2 (http://www.eltelegrafo.com.ec/actualidad/noticia/archive/actualidad/2008/11/19/Gobierno-extingue-concesiones-mineras-de-_CD00_ntag.aspx and h
ttp://www.presidencia.gov.ec/noticias.asp?noid=16549

This is not a “purported” extinction of the comopany’s mining rights; the legal measure is definitive. The government did not “make observations” to the company’s 2006 Environmental Impact Assesement, it flatly rejected it, and termed it “not-prossesable”. Had it been a case of responding to the observations, it would have done so long ago and re submitted it.

It is all over for Copper Mesa in Intag folks- definintely NOT purported.

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