Mining Company Threatens Guatemala with Lawsuit in USA
Mining Company Threatens Guatemala with Lawsuit in USA
Guatemala, Jun 9 (Prensa Latina) The Guatemala Mining Explorations (Exmingua) threatens today with filing a lawsuit against Guatemala after being forced to suspend operations by decree of the Constitutional Court (CC).
The decree entered into force since February 22 because the company violated the right of consultation of indigenous communities in 2011, however, the company disregarded the ruling and continued its operations in the mine Progreso VII Derivada, known as La Puya.
Then, the prosecution raided the place and found 74 sacks, each one filled with 1000 kilograms of precious metals and several archaeological pieces probably found during excavations at the site.
Despite that, the subsidiary of the Canadian firm Radius Exploration Ltd., headquartered on US soil, could invoke the provisions of the Free Trade Agreement between Central America, Dominican Republic and the United States (DR-CAFTA), the Association for Promotion of Freedom and Sustainable Development warned.
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