Aura Minerals seeks clarification on mining ban in Honduras

Aura Minerals seeks clarification on mining ban in Honduras

Corporate & Sovereign Strategy Equity Brazil Honduras Economy & Policy Regulation Politics

Rodrigo Barbosa, CEO of Aura Minerals, will fly to Honduras next week to ask government officials for clarification on a recent announcement by the mining and energy ministry to ban open-pit mining and cancel licenses, he told LatinFinance.  In the meantime, the San Andrés gold mine, which accounts for a third of Aura's gold output, is still operating normally, he said. "It is not clear whether it applies to current concessions or to new ones," he said of the announcement. "They are now revisiti

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