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Thursday, July 4, 2013

Argentina Rescinds Famatina Mining Concession

Argentina's La Rioja province is rescinding the concession for the Famatina gold mining project after widespread environmental protests.
The Telam state news agency said Wednesday that the provincial government and the Montreal-based Osisko Mining Corporation signed a contract to rescind their 2011 agreement.
The provincial government said a string of protests by activists protesting environmental damage since late 2011 blocked development of the gold mine.

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