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Argentina rescinds Famatina mining concession

La Rioja Province, Argentina lifted preferential Famadina gold mining project, after extensive environmental protests.
Telam state news agency said on Wednesday, the provincial government and Montreal's Osisko Mining Corporation has signed a contract to withdraw its 2011 protocol.
The provincial government said that by the end of 2011 to prevent the development of gold mines environmental damage, because activists protest protests by one string.
The Famadina project area covering 15.4 square miles (400,000 square kilometers) in the area and the original $ 10 million the first year exploration agreement.
OSISKO's website says that the company operates in Canada, Quebec, Mara romantic gold. It is also continuing its exploration work Hammond Reef Project in Northern Ontario, northeast of Kirkland Lake, Ontario projects, and other projects.
 



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