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El Salvador's president proposes ending country's ban on metals mining
From the Associated Press
Wednesday, November 27, 2024
SAN SALVADOR, El Salvador -- El Salvador President Nayib Bukele on Wednesday 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," immediately putting in jeopardy the historic prohibition.
The unmined gold would be "wealth that could transform El Salvador," he wrote on the social platform X. Bukele's party controls El Salvador's Congress by a wide margin and his political opposition has been devastated, so a formal proposal to end the ban is unlikely to meet much resistance.
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In 2017 El Salvador banned all metals mining above ground and below. A broad coalition of sectors, including the Catholic church, supported the prohibition in order to protect the small country's water resources from contamination.
At that point, exploration had revealed deposits of gold and silver but there was no large-scale metal mining. It's unclear what the country's gold reserves could be. ...
... For the remainder of the report:
https://apnews.com/article/el-salvador-bukele-gold-mining-308b8602c486c1ae6283d5bb82be2027
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