Excerpt: "The smallest country in Central America - El Salvador - has approved a law prohibiting all metal mining in an attempt to protect the environment and natural resources. It is the first country in the world to do so."
Protesters gather in front of the World Bank to protest a lawsuit by OceanaGold against El Salvador. (photo: Nikki Kahn/WP)
El Salvador Makes History as First Nation to Impose Blanket Ban on Metal Mining
01 April 17
he smallest country in Central America – El Salvador – has approved a law prohibiting all metal mining in an attempt to protect the environment and natural resources. It is the first country in the world to do so.
The new law, supported by 70 lawmakers, bans all exploration, extraction, and processing of metals both in open pits and mines.
“It’s a historic day in El Salvador. It’s a historic day for the whole world,”, Environment Minister Lina Pohl told reporters after a vote in Congress, as quoted by the Financial Times.
“This is a brave step, an extraordinary step, and an enormous step toward reversing the environmental degradation in this country,” she added.
The level of environmental pollution in El Salvador is one of the highest in the region, second only to Haiti, and the availability of drinking water is the lowest, according to UN data.
“Mining is an industry whose primary and first victim is water. We are talking about an issue that is a life-or-death issue for the country,” said Andrés McKinley, a mining and water specialist at Central American University in San Salvador, as quoted by the New York Times.
The legislation was passed despite interest from international gold and silver mining companies.
In October, El Salvador won a lawsuit at the World Bank's International Center for Settlement of Investment Disputes (ICSID) against the Australian-Canadian miner OceanaGold Corp.
The company demanded $250 million compensation after El Salvador retracted an extraction permit in 2009. OceanaGold was instead obliged to pay the country $8 million in legal costs.
El Salvador has the population of about six million people and has a $25.9 billion gross domestic product.
THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community. |