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Bloomberg reported that Guatemala has granted permission for two new mining liscences.
Bloomberg reported that Guatemala has granted permission for two new mining licenses.
As quoted in the market report:
Minera San Rafael S.A., which will mine for gold, silver nickel and cobalt, forecasts annual production around $400 million. The Compania Guatemalteca de Niquel, S.A., which will mine for nickel, cobalt and iron, has invested $380 million in the project to date, according to the ministry.
