jueves, 8 de julio de 2010

New Gold's appeal on Mexico EIS ruling blocked

JOHANNESBURG (miningweekly.com) – Vancouver-based New Gold on Wednesday said it would continue to pursue all avenues to ensure the continuous operation of its Cerro San Pedro gold/silver mine, in Mexico, after a district court denied its appeal against a 2009 ruling cancelling the mine’s environmental-impact statement (EIS).

The Fifth Auxiliary District Court, in Mexico City, on Wednesday denied the gold miner’s appeal against the September ruling made by the Federal Court of Fiscal and Administrative Justice, which ordered the Mexican environmental regulatory agency, the Secretaría de Medio Ambiente y Recursos Naturales (SEMARNAT) to cancel the EIS by November 2009.

The company's shares closed the day at C$5,39, about 11% down on Tuesday's close.The miner said that the legal dispute was related to a land use issue, adding that there were no environmental problems with the mine.New Gold told shareholders that while it had received notification from the district court about the latest decision, it had not yet been provided with the full decision and the written reasons for the denial of the appeal.

The company was expecting to see the detailed report in the coming weeks and would review the decision, after which it planned to file an appeal with a Collegiate Appeals Court in Mexico City.It was also considering filing an application with the Mexican Supreme Court to request it to hear the case.Meanwhile, the producer said it remained in discussion with SEMARNAT, as well as the Mexican environmental enforcement agency PROFEPA, to work towards the uninterrupted operation of the mine.

“While we are disappointed by this most recent decision, we will continue to pursue all avenues to ensure the continuous operation of Cerro San Pedro,” said New Gold president and CEO Robert Gallagher.

The company expects to produce between 330 000 oz and 360 000 oz of gold in 2010, growing to over 400 000 oz in 2012.Cerro San Pedro mine, which started operating in 2007, was expected to produce between 80 000 oz/y and 100 000 oz/y of gold, as well as 2,25-million ounces a year of silver, over its nine-year mine life.


TRADUCCION


NEW GOLD SIN AUTORIZACION DE IMPACTO AMBIENTAL


JOHANNESBURG (miningweekly.com) – Vancouver-based New Gold anuncio el Miércoles que seguira todos los caminos necesarios para asegurar la operación de laMina de Cerro San Pedro en México, esto despues de que un Juzgado de Distrito nego el recurso de Amparo en contra de la cancelacion de manifestacion de impacto ambiental, (MIA).

El Juez Quinto Auxiliar de Distrito en la Ciudad de Mexico, nego el miercoles el recurso de Amparo interpuesto en contra de la resolucion del Tribunal Fiscal de Justicia Administrativa, el cual ordeno que la secretaria de medio ambiente y recursos naturales (SEMARNAT) cancelara la autorizacion de impacto ambiental.

Las acciones de la compañia cerraron a C$5:39, un 11% menos que el cierre del martes.

La empresa dijo que la disputa se centra en el uso de suleo, añadiendo que la mina no tiene problemas ambientales con la mina.

New Gold establecio que la resolucion dictada no es el final del asunto y que falta aun recibir la sentencia por escrito.

La compañia espera tener los detalles en las proximas semanas y apelar la descicion en las proximas semanas.De igual forma la compañia considera solicitar sea escuchado el caso por la Suprema Corte de Justicia de la Nación..

Mientras tanto, la empresa dijo que permanecía en la discusión con SEMARNAT, así como la agencia ambiental mexicana PROFEPA para trabajar sin interrupciones.


“Estamos decepcionados por la decisión más reciente, pero continuaremos persiguiendo todos los caminos para asegurar la operación continua de Cerro San Pedro,” dijo el Presidente y Director General de New Gold, Robert Gallagher.

La compañia espera producir entre 330 000 oz y 360 000 oz de oro 2010, y crecer por arriba de las 400 000 oz en 2012.La mina de Cerro San Pedro comenzo operaciones en 2007, con una expectativa de producir entre 80 000 oz/ y 100 000 oz d eoro, asi como 2,25 millones de onzas al año de plata, en los nueve años de vida de la mina.


http://www.miningweekly.com/article/court-denies-new-golds-appeal-on-mexico-eis-decision-2010-07-07