Fortuna Silver wins another court decision in Mexico, has San Jose EIA reinstated

Australia News News

Fortuna Silver wins another court decision in Mexico, has San Jose EIA reinstated
Australia Latest News,Australia Headlines
  • 📰 mining
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 53%

No 1 source of global mining news and opinion

Fortuna Silver Mines has had the 12-year environmental impact authorization for its San Jose mine reinstated after Mexico’s federal court ruled in favour of the company in its legal dispute with SEMARNAT, the nation’s environment ministry.

In January 2023, Fortuna received written notice of a resolution issued by SEMARNAT which annulled the 12-year term of the EIA given to the silver-gold mine, located in Oaxaca. The resolution also claims that SEMARNAT is required to re-assess the 12-year EIA extension. The company subsequently initiated legal proceedings with the court to contest and revoke the EIA annulment. It also sought to obtain a permanent injunction to protect its operations pending the decision of the court, which was granted late January.

In its ruling on Monday, the Federal Administrative Court dismissed the allegations contained in the annulment resolution, giving the Canadian miner another win against SEMARNAT with respect to the San Jose EIA. In November 2022, Fortuna also won a favourable court decision after SEMARNAT claimed that it had madeAccording to Fortuna, the San Jose mine is now in full compliance with all material environmental laws and continues to operate under the terms of the EIA.

Located in the Taviche mining district, the San Jose mine has been in commercial production since September 2011. Last year, the mine produced 5.8 million ounces of silver and 34,124 ounces of gold, both within Fortuna’s guidance.Panama to hold referendum on First Quantum contract, halts new projectsAs protests continue against First Quantum’s Cobre Panamá operation, the Canadian miner asks authorities to protect its workers and facilities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mining /  🏆 449. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silver Alert declared for missing Elkhart manSilver Alert declared for missing Elkhart man300 students signed up for the second annual 'Black Men in White Coats' event today at Lawrence Central.
Read more »

Gold, Silver Forecast: Bullish Run Cools but Upside Potential RemainsGold and silver have witnessed a week of relative calm despite continued potential for conflict escalation. Elevated US yields keep gold below $2000 for the time being
Read more »

SILVER ALERT: 72-year-old man with dementia last seen in east HoustonSILVER ALERT: 72-year-old man with dementia last seen in east HoustonThe search for a missing Liberty County woman who hasn't made contact with her family since Sept. 11 resumed Sunday morning.
Read more »

Silver Price Analysis: XAG/USD jumps close to $23.40 amid geopolitical tensions, Fed grabs spotlightSilver Price Analysis: XAG/USD jumps close to $23.40 amid geopolitical tensions, Fed grabs spotlightSilver price (XAG/USD) shifts auction above $23.00 after a sharp recovery as the ongoing conflicts between Israel and Palestine keep dem
Read more »

Silver Alert issued for man missing from northwest IndianaSilver Alert issued for man missing from northwest IndianaOn Friday, the judge in the case appointed two new defense attorneys for Allen.
Read more »



Render Time: 2025-02-26 18:50:40