Ashish Deora : what & types of Iron Ore

what is Iron ore ?? By Ashish Deoar

Iron Ore :
Iron minerals are rocks and minerals from which metallic iron can be monetarily removed. The metals are normally rich in iron oxides and shift in shading from dull dark, brilliant yellow, profound purple, to corroded red. The iron itself is generally found as magnetite (Fe3O4), hematite (Fe2O3), goethite, limonite or siderite. Hematite is otherwise known as “common mineral”. The name alludes in the early years of mining, when certain hematite metals contained 66% iron and could be bolstered straightforwardly into impact heaters. Iron mineral is the crude material used to make pig iron, which is one of the primary crude materials to make steel. 98% of the mined iron mineral is utilized to make steel.
Minnesota’s iron metal was really found while miners were scanning for gold. Since the object of their inquiry was gold, the iron was disregarded. It turned out the iron would turn out to be a great deal more profitable to northern Minnesota than the little measure of gold found.
Iron metal was found on the three iron extents at diverse times. The main metal transported from the Vermilion Range was in 1884, the Mesabi Range in 1892, and the Cuyuna Range in 1911.
World utilization of iron metal grows 10% for every annum all things considered with the principle shoppers being Korea, China ,The United States, European Union and Japan.
Iron metal mining techniques shift by the sort of mineral being mined. There are four principle sorts of iron metal stores worked as of now, contingent upon the mineralogy and topography of the metal stores. These are magnetite, titanomagnetite, huge hematite and pisolitic ironstone stores.
Hematite metal
Hematite iron metal stores are right now abused on all mainlands, with the biggest force of misuse in South America, Australia and Asia. Most huge hematite iron metal stores are sourced from metasomatically changed joined iron developments and once in a while volcanic aggregations.
Hematite iron is ordinarily rarer than magnetite bearing grouped iron developments or different rocks which shape its principle source or protolith rock, however it is extensively less expensive and simpler to beneficiate the hematite metals and requires impressively less vitality to pulverize and crush. Hematite metals however can contain fundamentally higher convergences of punishment components, ordinarily being higher in phosphorus, water content (particularly pisolite sedimentary collections) and aluminum (muds inside pisolites).
Magnetite united iron stores
United iron developments are fine grained transformed sedimentary rocks made transcendently out of magnetite and silica (quartz). United iron developments are privately known as taconite inside of North America.
Mining and preparing of grouped iron arrangements includes coarse smashing and screening, trailed by harsh pulverizing and fine crushing to decrease the metal to the point where the solidified magnetite and quartz are sufficiently fine that the quartz is deserted when the resultant powder is gone under an attractive separator.
The key parameters for magnetite metal being financial are the crystallinity of the magnetite, the evaluation of the iron inside of the joined iron arrangement host rock, and the contaminant components which exist inside of the magnetite concentrate. The size and strip proportion of most magnetite assets is immaterial as joined iron developments can be several meters thick, with many kilometers of strike, and can without much of a stretch come to more than 2,500 million tons of contained metal.
The common evaluation of iron at which a magnetite-bearing joined iron arrangement turns out to be monetarily practical to mine is approximately 25% Fe, which can by and large yield a 33% to 40% recuperation of magnetite by weight, to create a pack reviewing in abundance of 64% Fe by weight. The commonplace magnetite iron mineral concentrate has under 0.1% phosphorus, 3-7% silica and under 3% aluminum.
The grain size of the magnetite and its level of coexisting with the silica groundmass decide the drudgery size to which the stone must be decreased to empower productive attractive partition to give a high immaculateness magnetite concentrate. This decides the vitality inputs required to run a processing operation. For the most part most magnetite united iron development stores must be ground to somewhere around 32 and 45 micrometers so as to give a low-silica magnetite concentrate. Magnetite concentrate evaluations are by and large in overabundance of 63% Fe by weight and as a rule are low phosphorus, low aluminum, low titanium and low silica and request a premium cost.
As of now magnetite iron mineral is mined in Minnesota and Michigan in the U.S., and Eastern Canada mine taconite. Magnetite bearing joined iron arrangement is at present mined widely in Brazil, which sends out noteworthy amounts to Asia, and there is an big and creating magnetite iron metal industry in Australia.
Taconite
Taconite is an iron-bearing, high-silica, stone like rock. It is a Precambrian sedimentary rock alluded to as a grouped iron development because of the regular rotating iron-rich layers and shale or chert layers. The finely scattered iron substance, present as magnetite, is by and large 25 to 30%. In the late nineteenth and mid twentieth hundreds of years, iron mineral was of such top notch that taconite was viewed as an uneconomic waste item. After World War II, the vast majority of the high review metal in the United States had been mined out, thus taconite was swung to as another wellspring of iron. To process taconite, the metal is ground into a fine powder, the iron is isolated from the waste rock by utilizing solid magnets, and afterward the powdered iron concentrate is joined with bentonite mud and limestone as a flux and moved into pellets around one centimeter in measurement that are roughly 65% iron. The pellets are warmed to high temperatures to oxidize the magnetite (Fe3O4) to hematite (Fe2O3) for further preparing.
The Mesabi Iron Range district of Minnesota is a noteworthy creation zone. The taconite iron concentrate is pulled by rail to stacking docks at Twin Ports of Duluth, Two Harbors ,Silver Bay, Minnesota and Superior, Wisconsin, all on Lake Superior. The metal is for the most part transported by lake vessels to different areas on the Great Lakes. Numerous steelmaking focuses are situated close Lake Erie and lower Lake Michigan, around Gary Indiana.
by – Ashish Deora

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Ashish Deora Signing the MOU with AMPA

CEO - Aurum Mining Pte Ltd: Mr Ashish Deora. Signing MOU with
Minister of Agriculture: Katia Abreu.
Governor of Amapa State: Waldez Goes
Director-President Agencia Amapa: Eliezir Viterbino

Visit http://www.ashishdeora.com/

Interview Eliezir Viterbino Radio Program mp4

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It is not ” Aurum ” All that glitters

The old Latin word for gold, “Aurum”, was reborn in our midst and is often heard in some units of the ministries of Industry, Energy and Mining (MIEM) and Housing Land Use and Environment (MVOTMA).Its use in these areas could be related to the gold mining operations in Rivera, more precisely in Minas de Corrales, Orosur (Loryser SA) mining claims now to continue with its mining operations by reducing the tax exemption canon.Yet, paradoxically, this Aurum has no relation to gold in our country, but with iron.At the outbreak of the Guarani language Aratirí, linked to more exotic word “Zamin” it would now be followed by the Latin word Aurum related, in the global world today, not with Rome but with India.A few hours after the legal deadline for Minera SA Aratirí sign a contract with the government to extract iron in our territory, changes in the corporate boards of Aratirí group presented at the National Directorate of Environment (DINAMA) runs give that the familiar face of Mr. Pramod Agarwal and will not often seen in Uruguay, and perhaps less in the Executive Tower. His name and that of its representatives has been replaced by those of members of Aurum Ventures in official documents.Aurum Ventures Private Limited is a company with offices in Mumbai (India) which until now had only dabbled in mining issues in Africa, and that only the level of resource exploration in Tanzania and Mozambique.Now the company says on its website (

1) it has acquired interests in Uruguay Zamin Ferrous (Aratirí) and Brazil (Zamapa).So when already in several media statements by the Minister Carolina Cosse in the sense that it will not sign any contract with Aratirí. The reason would be that the company Minera SA Aratirí not complete, since its introduction four years ago, the studies required to obtain environmental clearance.While it is remarkable that a national authority is aware of this lack, it is still worrying that according to the article published last week in search, only a week ago the Ministry itself that directs Ing. Cosse was sending Minera I Aratirí draft contract for review.You can add that to sign the contract also need to Aratirí present the guarantees stipulated by our legislation and on the other, not the observations and requirements that may have made the project the National Directorate of Mines and Geology (DINAMIGE) known under the MIEM and that despite the court ruling in favor, it has not been able to access the company reports to the MIEM.Outside the legal, technical and economic failures of Aratirí, the requirement that the contract date of commencement of mining works

(2) stipulated unfeasible signing the contract when the international price of ore is below cost extraction sites such as Valentines.The situation in the international iron ore market, with plenty of product extracted from sites with high concentration, coupled with the retraction of the main buyer (China), made analysts predict that prices will remain low for several years

(3)Given this situation, one wonders why the presence and interest of Aurum Ventures in Uruguay, when it is clear that the market will not change much, and less on the 270 days Aurum can extend the deadline to sign the contract by submitting another bidder that is done by the project, as required by law.If not now introduces a new interest in the exploitation of deposits or if this occurs, but do not reach an agreement in 270 days, then the state has the right, not the obligation, to acquire the information of the company

(4 ).This requires first decide if the benefit of the country to acquire this information, referring to sites known and studied by the state for more than 50 years

(5) does.If you decide to purchase, then it is important to know the value that can have this information and it is an index to meet the investment made by the company to get it.In this regard, in October 2011 Aratirí expressed in official documents submitted to DINAMA have invested $ 60 million, and so looks on page 3 of Chapter 0 of Volume 1 of document.

(6).Only three months later, in January 2012 when it was over personal unemployment insurance and stopped exploration activities, the company presented in their brochures press had invested $ 170 million.

(7)This new figure of 170 million remained until June 2012

(8)In January 2013, six months later, almost all staff in unemployment insurance without having mining activity in Uruguay, the company declared in a statement posted on its website to 200 million invested.

(9)No new references to the subject until 2014, when the statements appear in different media of then President Jose Mujica and Repulica Senator Agazzi placed investment by Minera SA Aratirí 300 million.

(10)The most obvious question is: How do we reach this figure five times higher than the official document of October 2011?That question is much more than rhetoric, when that investment is measured to determine the value that may have information that could buy the state.There being no other business opportunity and being that not signing the contract mining rights are lost, just left to wonder:Will the sale of that information the reason why Aurum Ventures has taken over Aratirí?

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Carolina Cosse: No environmental clearance the government will not sign any contract mining large size

“It is not going to sign with Zamin Ferrous ( Aratirí ) ” he said in an interview with The Big Picture Industry Minister , Carolina Cosse , not for lack of time but because it has environmental authorization Dinama . The minister also said the government is considering exempting the part of the canon to Orosur Mining to protect jobs. “The government has been very demanding” in terms of demanding environmental criteria, “it seems difficult to be more demanding,” Cosse said. “Not only are you receiving and approving a project, it is also a matter of national interest,” he added, and it is intended that “remains not only money and material goods but also production capacities”. About what will happen to workers engaged Aratirí, Cosse said it is “a matter of the company” and not the government. “If you are not environmental authorization no contract is signed. The Mining Law of Great Porte is clear in this regard: the authorization has to be, “said the minister, adding that the government of Tabare Vazquez and Jose Mujica” seriously have done all the processes that lead or not an environmental authorization “and that” this government’s environmental protection is a fundamental issue. ” After several extensions, today is the deadline for the Government and Aratirí sign the investment contract for the extraction of iron Valentines area. In the non-signing of the agreement, a period of 90 days in which the company can introduce a new open interest, then the state has 120 days to accept or not the third party, he explained the minister. Cosse said that Uruguay has to resolve “the contradiction between economic and industrial development and environmental protection” that “out doing the two things.” Regarding the project Orosur Mining, Cosse said the government is studying whether it can, “in some areas where the law allows,” exonerate the canon to protect jobs.
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Aratirí looking for a partner to refloat the draft Valentines

Discarded the original project, the Indian capital company negotiates with a third party to take charge of the initiative extraction of iron. The deadline set by the law of large-sized mining expired Tuesday for the business executive and the Indian capital Aratirí (Zamin Ferrous) to negotiate the signing of a contract for removal of iron openwork surrounding area Valentines town (Thirty-Three). After several twists and turns involving the administration of José Mujica (2010-2015) and the current Tabare Vazquez, the government has ruled out giving way to the foreign firm to start his project megaminería. The main reason lies in the environmental aspect. The National Directorate of Environment (DINAMA) processed large documents delivered by Aratirí to achieve unprecedented empowerment, but the company (according to the government) never finished answering questions and deliver the clarifications demanded that the environmental authority. The mining law of great size, which was amended in late 2014 to give more one year negotiating privately with government grants now Aratirí the opportunity to submit to the Executive a new partner to take over the project. That must happen within 90 days. Then have another 120 days to complete the process of empowerment to begin extracting iron. Aratirí a source confirmed to The Observer that the company filed with a third party to take charge of the enterprise. That “plan b”, as they call the directors of the Indian firm, may involve mining company Aurum Ventures, who days ago said as new member of Zamin Ferrous. However, the same source told The Observer Aratirí who is not a shareholder in Aurum Mining Aratirí, and therefore could be presented to the government as a third party as required by law. On August 20 the nationalist senator Luis Lacalle Pou submitted a request for information to the Ministry of Industry, Energy and Mining (MIEM) to know of the alleged contacts he had had the holder of that portfolio, Carolina Cosse, with directors of Aurum Ventures. On October 26, El Pais also reported that “apparently” the mining project “changed hands”. In fact Aurum Ventures on its website detailing the Valentines project in Uruguay, but describes a smaller scale than originally presented by Aratirí. The minister Cosse handled as a possibility yesterday that Aurum is the new partner to present the Indian mining in this period that opens after the failure in negotiations. In an interview with Radio Oriental perspective, Secretary of State confirmed that no environmental clearance the government will not sign any contract extraction of iron scale. “The government has been very demanding (in environmental matters with Aratirí), I find it difficult to be more demanding,” he said.

Más chico

The decline in the international price of iron has been one of the aspects that influenced the business questions. The company said it needed an iron to US $ 100 a tonne, but the price has halved. In addition to the environmental aspect, the Aratirí mining should provide guarantees of maintaining supply of tens of millions of dollars, not counting the millionaire deposits to ensure compliance with environmental repairs in case of failure to comply with obligations in this regard. On its website, Aurum Ventures ensures that the project in Valentines involves the removal of 9 million tonnes of iron concentrate per year, then raise (without a date) that production doubled, ie at the pace envisioned Aratirí from the start. The signing of Indian origin had already handled the possibility of starting its operations gradually, and now presents its potential partner. That was even the president Mujica transmitted, according to the weekly Busqueda at the time. However, that possibility was ruled to logistical difficulties, as also implied remove iron rail to the port of Montevideo, almost impossible according to road conditions and the reality of AFE. Aurum Ventures, moreover, relates country’s achievements and praised Uruguay and his government in their website. “Uruguay is a bastion of pragmatic economic policies that favor business and foreign investment,” says the company. Then ensure that the country is on a path of “formidable” growth and macroeconomic soundness ponders, “social and political” stability and “strong legal certainty”.

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Smart City Jayu’s preliminary note

A smart city should be smart in the eyes of the people who live there. It should make the people feel privileged and fortunate to live here. Not just for the sake of competition of 100 smart cities.

The initiative is good. The implementation should be useful. The approach taken by corporate is of technology – wi-fi data enabled. Yes it is useful and good use of technology, however general public should find it useful. – difference is usefulness. i.e.STP water treatment is a must, but the general public will hardly know.

If busses are beautiful but the elderly and handicapped people are unable to use them, can we call it SMART? Hardly. So taking this approach of being a really SMART city – I propose a slightly measurable and a little more human approach to the technology approach.

Truly Smart cities are those where not just the general public have things moving smoothly and efficiently and easily for them, but even those who are not in the mainstream or not in the majority of numbers – elderly, handicapped, people with pets to name a few examples – also find it easy to be a part of this city. They too are included in the thoughts for planning and development and they too are made to feel comfortable in their day-to-day activities in the city.

Let’s make the city Friendly for all these following groups of people:

1. All citizens
2. Culture Friendly
3. Tourist Friendly
4. Environment Friendly
5. Pet Friendly
6. Tree Friendly
7. Elderly Friendly
8. Children Friendly
9. Handicapped Friendly
10. Photographer Friendly
11. Health Friendly
12. Power / Energy Friendly
13. Travel Friendly
14. Rain water Friendly
15. Footpath Friendly
16. Hoarding Friendly
17. E-library
18. Wi-Fi friendly
19. Learning Friendly
20. Police Friendly
21. Bird Friendly
22. Consumer Friendly
23. Theatre, Performing arts friendly
24. Artist Friendly
25. Sports Friendly
26. Law and Order Friendly
27. Road Safety Friendly
28. Safety and Security Friendly
29. Entertainment Friendly
30. Food Friendly

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Uruguay, would be looking partner Aratirí refloating project Valentines

The mining law of large size gives the company now Aratirí the opportunity to submit to the Executive a new partner to take over the mining project.

Last Tuesday was the deadline set by the Mining Act of Uruguay for the government of that country and the Indian capital company Aratirí (Zamin Ferrous) to negotiate the signing of a contract for removal of iron open pit in an area surrounding the town of Valentines , on Thirty-Three region.

It is recalled that the Uruguayan government has ruled out giving way to the foreign firm to start his project megaminería. The main reason lies in the environmental aspect, according to the Observer.

The publication notes that the National Directorate of Environment of the country (Dinama) analyzed the extensive documents submitted by Aratirí to achieve unprecedented empowerment, but the company never finished answering the questions and deliver the clarifications demanded that the environmental authority.

The mining law of great size, which was amended in late 2014 to give more one year negotiating privately with government grants now Aratirí the opportunity to submit to the Executive a new partner to take over the project . That must happen within 90 days. Then have another 120 days to complete the process of empowerment to begin extracting iron.

Aratirí a source confirmed to The Observer that the company filed with a third party to take charge of the enterprise. That “plan b”, as they call the executives of the firm may involve the mining company Aurum Ventures, who days ago said as a new member of Zamin Ferrous. However, the same source told The Observer Aratirí who is not a shareholder in Aurum Mining Aratirí, and therefore could be presented to the government as a third party as required by law'

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Mining fragmented two peoples

Aratirí investment was suspended, but in Cerro Chato and Valentines life changed.'

Large mining projects did not materialize and its future is uncertain, but in Cerro Chato and Valentines life is not the same. The neighbors say that relations between acquaintances and even family always deteriorated. The differences are among those who have expectations of progress economically in place and prevent emigration, and those who think it is not good business for the country.

Those who opposed the mining project held has not materialized because they claim that “they were going to install a time bomb in the middle of the country.”

Most local producers still think that mining is bad business. The farmer of the Cerro Chato, Julio Gomez, who was always against the megaminería the way I was raised, said “the capital that was traditional in this society girl was destroyed, and that is not measured” . “Solidarity and way of doing things together and together not already recovers,” he said, and cited the spirit of collaboration that had that society embodied in the fact that he donated the land for the hospital and the school in Cerro Chato. “That broke with the different positions.”

According to the producer, this occurred despite the fact that it is “a marginal field”, to the point that “if the extraction of the mineral had already started everything would be done and would have been a failure, and the country would have been a liability very big”.

Gomez also said that “for a business occasion we were going to install a time bomb in the middle of the country” and asked: “If this had been a wealth why not exploded since 1916, date on which was discovered? “.

On the side of the street is, for example, Federico Ifrán, principal of one of the restaurants, who told El Pais that its position in favor of the project downplayed friendships with those who felt the same.

Traders do not lower their arms and continue to believe that is possible and that is a good mining business.

For this, a Chamber of Mining Suppliers of Cerro Chato and Valentines was formed in order to continue defending the investments were commercially advanced and were suspended.

Eduardo Garcia, president of the Chamber, said that the pause of the mining project has affected everyone, “but took it in stride, still working for the project goes, we think it is a good opportunity for all.”

“Traders we were thinking of making a logistics center on the outskirts of Cerro Chato where the worker, the employer, the visitor or investor will find supermarkets, restaurants, gas stations, hotels, workshops, turners, carpenters, shops, car rentals among other services, “he said,” but do not lower the curtain, we improve all want this opportunity, “summed García.

Hope.

The years 2011 and 2012 were the years of maximum takeoff Cerro Chato, Valentines and adjacent rural areas to mineral exploration tasks. During those years a new source of job creation was a projection of 3,000 direct jobs during the first year, and 1,500 in the 20 years expected operation, regardless of the generation of indirect jobs emerged. This meant that each put an to think about future business partners. In this regard, workers who were dismissed said the project involves no continuity of “a loss of jobs, especially since there are no chances of getting another source” beyond the fields.

Francisco Da Silva, which integrates the management of the Union of Metalworkers and Allied Branches, said that on average “$ 25,000 are not going to go over to the homes of those 500 people who lost their jobs, more everything has left along the way, such as construction projects, logistics and infrastructure investments, “he said,” because the entire region was getting ready to sell services and any moment everything fell apart. ” According to Da Silva, probably “given the failure of the project may mean that young people have to leave here.”

“With Aratirí area turners opened, workers were improved, increased the number of mechanical workshops, service station Cerro Chato employed 15 to 20 workers and now has only 5” he said.

Added to this is that, according to Da Silva, “officials of the Australian company had rented dozens of homes, and many homes erected on their land that for years that were vacant,” said the worker.

Now, the hope for these workers is that the shareholder Aratirí, Zamin Ferrous, manages to sell the project. It is estimated that this could be Aurum Ventures, but it is uncertain when they materialize. Its website Aurum presents the project as their own: to produce 9 million tons per year first and then 18 million. But authorities will put cold cloths. The Economy Minister Danilo Astori said weeks ago that the price of iron is low and “the profitability of such a project is currently in question.”

Raise employment plant in Valentines

Aratirí workers resolved to lift the occupation of the offices after reaching an agreement with the authorities. Francisco Da Silva, member of the Management of the Metal Workers Union and Allied Branches (UNTMRA), said that “the first payment percentage of layoffs will be paid on Thursday, December 3, and by February debt with workers stay paid off “. Da Silva said workers are 94. To reach this agreement, the MTSS had requested that measures for 12 hours in order to reach an instance of dialogue without pressure will rise.

Valentines Aratirí unemployment. Photo: Nestor Araujo

In assembly it was decided to grant the request, which finally established that the December 3 Aratirí pay 45% of the dismissals. 23 of the same month an additional percentage will be paid for the second month and next year and fulfill the totality of the debt. This was confirmed Silva adding parallel track became binding operators, to be absorbed by any investor that may come to exploit the iron in Valentines. Da Silva said the government commitment is necessary to require the company to hire local staff.

Another Indian could keep business

Aratirí project has had multiple twists and turns, especially during the administration of former President Jose Mujica, who had assigned great importance to stimulate the central-east of the country. However, the sharp decline that took the price of iron seems to have influenced the talks between government and investors.

The date for signing an agreement between the parties expired on November 24, as determined by Parliament. Now, the shareholder today Aratirí, Zamin Ferrous, has a term of 90 days to submit to other interested groups. If they present other interested start to run another 120 days for it to reach an understanding. Company sources told El Pais that the investor will surely be another Indian group, Aurum Ventures, which is currently negotiating with Zamin Ferrous. Aurum Ventures was founded by the investor in 1999. Ashish Deora Deora is estimated to arrive in Uruguay these days.

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Who is the new member of the Aratirí mining?

An Indian fund that focuses on investing in real estate, renewable energy and mining

The extraction of iron scale in Uruguay, a possibility that was started driving a few years ago amid much controversy, is unknown for the short and medium term now failed signing of the contract between the   government   and the company  Aratirí . The firm of Indian origin never quite meet official requirements for environmental qualification, so the executive refused to give free rein to your project. However, megaminería law gives a new opportunity and Aratirí going for revenge.

It does so with a company based in Mumbai (India), which is dedicated to investing in different types of projects: real estate, renewable energy and mining. The experience in that area has it in Singapore, where in 2012 he got into the exploration of gold and coal. Then, in 2015, and in partnership with Zamin Ferrous (Aratirí) the Amapá project joined in northern Brazil.

About this signature raved Uruguay, and on its website describes achievements of the country and commended the government. “Uruguay is a bastion of pragmatic economic policies that favor business and foreign investment,” says the company. Then ensure that the country is on a path of “formidable” growth and macroeconomic soundness ponders, “social and political” stability and “strong legal certainty”.

Aurum explains that his association with Aratirí in Uruguay involves developing the project Valentines (Thirty-Three) to a slower than raised at the beginning of all the controversy pace. While Zamin Ferrous intended to extract 18 million tons of iron concentrate per year, over a period of 20 years, he says Aurum start the plan with half of that iron extracted per year, and then increase production.

While Zamin Ferrous intended to extract 18 million tons of iron concentrate per year, over a period of 20 years, he says Aurum start the plan with half of that iron extracted per year, and then increase production.

The Uruguay Free Megaminería group, environmentalists, who from the beginning are tipped against the draft Aratirí, have reported its position on the appearance of the new actor. “Who is Aurum Ventures? It’s an international investment fund based in India. It may be a different company, a partner or a mere figurehead of Zamin Ferrous, but none of these possibilities modifies the material fact that is investors seeking maximum returns in the category that suits them and anywhere in the world, “he says a text released by the spokesman of the organization, Raúl Viñas. Environmentalists speculate that goes Aurum Aratirí mining rights to, thereby, save them in the future financial market businesses.

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AGREEMENT IS REACHED FOR DISMISSAL IN ARATIRÍ December 7, 2015

The lives of the mines

It is agreed by Aratirí layoffs after the new investor, Aurum Ventures, agreed to pay the debt by February.

Days ago, the union took the company Aratirí demanding payments due. Workers belonging to the mining had occupied offices Thirty Three in which the project operates, demanding about $ 700,000, and threatened to continue the measures in Montevideo. It is about 90 employees disengaged by mining.

This week the new investor Aratirí project agreed by layoffs after the dispute participate in Aurum Ventures.

Workers had taken a first step in the agreement to vacate offices Aratirí to enable the establishment of a dialogue in the sphere of the Ministry of Labour.

In that table, Aurum Ventures made ​​a settlement offer that was accepted by 90 workers involved, allowing to reach an agreement.

The agreement means that the new investor will pay next Aratirí a first installment equivalent to 45% of the total amount of 90 redundancies week.

A second installment of 20% will be paid on 24 December. The third, also 20% in January. And in February you will have paid all the layoffs.

Aratirí sources stressed “the very willingness of the new investor to unlock the dispute and reach agreement, after the sign of goodwill from the union to vacate the offices of the company”

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The payment of the first installment of the dismissal of the former workers performed Aratirí

Aurum Ventures, an investment fund of Indian origin and Aratirí new project partner, today paid the first installment of the dismissals to workers who lost their jobs.

Ninety people charged 45% of the debt, which Aurum Ventures fulfilled the commitment made ​​last week at a tripartite meeting between the company, the Ministry of Labour and Social Security and workers. The next payment will take place on Thursday, December 24, when 20% of the total debt will be paid. There will be a third installment, also 20% in January, and will end with the payment of layoffs in February.

Ashish Deora, founder of Aurum Ventures, said the company will comply in all respects with the commitment. “We want to convey the certainty that all workers receive what they deserve in a timely manner. We’re determined to continue investing in a project in which we believe, and we are confident that contribute to the development of the entire Uruguay, “he said.

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Aratirí, the project would be the largest PRIVATE INVESTMENT IN THE HISTORY OF THE COUNTRY

Press report

Aratirí, the project would be the largest PRIVATE INVESTMENT IN THE HISTORY OF THE COUNTRY, ENDED IN NOTHING EIGHT YEARS LATER – After the expiry of the deadline on Tuesday, 24, and failed SIGNING A CONTRACT BETWEEN THE EXECUTIVE POWER AND Aratirí, MEMBERS agreed BOTH PARTIES TO THE WHY came to nothing: the fall of the prices of iron and project deadlines – NOW BY THE LAW OF MINING large size, Aratirí BE PRESENTED WITHIN 90 DAYS NEW CONCERNED THAT THE COMPANY WILL VENTURES INDIA AURUM

Weekly Search (National Information, page 20 )

Tabare Vazquez INTERVIEW WITH PRESIDENT OF URUGUAY – when asked ‘DO I NEED TO EXPLOIT THE IRON IN URUGUAY, OR NOT? Vazquez says, “I think we should exploit, if environmental conditions are respected. WHAT HAPPENS AT THAT TIME WITH Aratirí? REPORTS HAVE ALL OF THE MINISTRIES THAT ARE INVOLVED DO NOT ALLOW accept that Aratirí START WORK IN URUGUAY, FOR BUYERS ENVIRONMENTS put to him BY THE GOVERNMENT AND TO INCREASE MORE INFORMATION how it would work did not arrive, and THEREFORE THERE environmental permit. AND IF IT DOES NOT AND ENVIRONMENTAL PERMIT NO “(P.23)

Weekly Voices ( pages 16-23 )

LETTER FROM READERS ‘CHAU Aratirí’ Raul E. VIÑAS -‘LOS we drive plebiscite INCLUSION IN OUR CONSTITUTION OF THE PROHIBITION OF THAT FORM OF MINING AND we have shown that ESA would explode NO ECONOMIC BENEFITS TO THE COUNTRY, AND DEVELOPMENT not generate only create HIGHLY a limited supply of unhealthy work ‘

Weekly Search (Letters to the Editor, page 48 )

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Aratirí first installment paid to former workers of layoffs

Aurum Ventures , an investment fund of Indian origin and Aratirí new project partner , paid to workers who lost their jobs . Ninety people charged 45% of the debt 

The next payment will take place on Thursday, December 24 , when 20% of the total debt will be paid. There will be a third installment , also 20% in January , and will end with the payment of layoffs in February. 
Ashish Deora , founder of Aurum Ventures, said the company will comply in all respects with the commitment . " We want to convey the certainty that all workers receive what they deserve in a timely manner. 
We're determined to continue investing in a project in which we believe , and we are confident that contribute to the development of the entire Uruguay , "he said .

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No make off the bone

Economic groups and appropriate transfer of mining permits beyond megaminería law.one month the deadline will drain the modification of Law 19126 Aratirí awarded Minera SA to sign the Uruguayan Executive contract mining of large size .That period, which was in the original version of the law passed in October 2013, 360 days, with the possibility of an extension of 90 days; It was changed , keeping the first 360 days, but extending the possibility of extension from 90 to 360 days.That change in our legislation was passed in February 2015, a few days before they beat Aratirí Minera SA to the legal deadline.The provisions of Law 19126 , which since its enactment was only applied to Minera Aratirí SA, state that not signing the contract mining of large size, permits the company , in this case Minera Aratirí SA , would the registration of vacancies.That means that not signing the contract, the company loses such permits, which can be requested by other stakeholders, or used by the state itself through the creation by law of a public body or state-owned legal person to continue doing the activity mining.In that circumstance the law gives priority preemisaria the company 90 days to submit another interested and if so, gives the new 120 days more interested to sign the contract.All this would extend the term in this case, until the second half of June 2016.As time runs out, the Uruguayans we learned that after almost four years (46 months) of unemployment insurance paid Aratirí Minera finally layoffs of its 96 employees and simultaneously see that somehow a new company is presented as “owner” of the project.Aurum Ventures and the group appears now based in Mumbai (India) as you review your own website (aurumventures.in) has no mining experience that geological studies in deposits of gold and coal in Tanzania and Mozambique.That group now own list and also Aratirí project in Uruguay, that of Zamapa ( State of Amapá in Brazil) ; Zamin Ferrous it had acquired in 2014 and is now paralyzed.Note that in the operation Zamapa less than two years, Zamin Ferrous was fined several times by the Brazilian government and the state of Amapa, mainly for environmental and labor causes.Interestingly, as the transfer of the “titles” of the project it would have been made between private without state intervention. A commercial transaction between private parties that affects hundreds of thousands of hectares of our territory had no prior publicity.Any reader who was involved in the sale of a business establishment , even a simple kiosk knows paperwork , processing , particularly with the Directorate General of Taxation ( DGI ), the Social Security Bank (BPS ) and other agencies , including municipal ; which involves the transfer finish .Another question is whether the “sale” or transfer of permits would not be a taxable event for income tax of Economic Activities ( IRAE ) , Value Added Tax ( VAT ) or other .Beyond changes in the names of companies, we can ask as you might get to do something like extraction of iron ore, when the cost of the operation in Uruguay is much higher than the international price of the product.Because it is “poor” or marginal fields that can only be profitable in good economic times as exceptionally occurred between 2009 and 2012.

However, beyond that maintain a sword of Damocles, mining motions affecting the production capacity of thousands of hectares; the economic expediency of the project is Aratirí problem and their owners.The other question, most importantly, the country should consider, thinking just as a country in the long term, taking into account future generations is:

Why allow the removal of iron in the Uruguayan grasslands?We know that such exploitation will not leave us economic benefits, we said, we write and has demonstrated to the IMF and the governments own numbers using the Ministries of Finance and Industry.Both have been so ombudsmen of the project and not talk about this issue.The reader will surely remember when government spokesmen like former Minister of Industry, Energy and Mining, Engineer Roberto Kreimerman claimed in the media that the extraction of iron left hundreds and even billions of dollars a year to Uruguay.We also know the environmental damage arising from the extraction of iron in the open, because beyond those of former President Mujica in the sense that “the well is capped and it is guaranteed before you start boring, you do not negotiate ”

(1) the company plans submitted to the government and available on the web

(2) make clear that sold the site in less than 16 years the company is going and wells remain to be gradually filled with water whose quality It is guaranteed, destroying the productive capacity of the area.The planned extraction process does not generate any form of “development”, since it is limited to extract, to the highest possible rate, all the ore available for sale on the international market as raw material, no national value added.Socially, the project will only marginally increase the jobs available in the area, since it, unlike the deserts and mountains that normally open pit mining in the developing world, is busy and has activities productive established.Nor does it provide quality employment project because jobs would be only for the extraction period not exceeding 15 years and workers would be exposed much of the time to an environment where air quality would be “bad” as recognizes own environmental impact study of the company.That creates a health and social burden or liability that should be addressed in the future for our society.At that and at the almost total silence on the subject of those who have been elected by the citizens to govern and legislate on behalf of all, I leave open the question:

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The Government proposes that layoffs are paid in 4 installments Aratirí still occupied and mining answered Monday

Aratirí workers decided at a meeting on Thursday night to maintain the occupation of the offices of the company in the town of Valentines and accepted a proposal by the Ministry of Labour and Social Security to collect their dismissals in installments.In the Indian investors will come next week to revive the project.JUAN PABLO CORREA21 November 2015The company was responding on Monday or Tuesday to the proposal of the ministry. According to this proposal , workers in the next week charged 50% of their dismissals . Would receive 20% in each of the next two months and 10 % in the past , he explained to El Pais the leader of the union at the company , Francisco da Silva , he considered ” a breakthrough,” the idea of the ministry. The union estimates that Aratirí must pay US $ 700,000 in layoffs.The offices are occupied by about 95 workers who are receiving support from the locals that bring them nonperishable food, said da Silva. The occupation took place after an notarial record shall be kept . Workers charged several years of unemployment insurance and pose as a record is that in the event that finally begin the extraction of iron in the area is to hire people who are on that list.The union decided this week to occupy the premises because he understood that layoffs Fuentes on Wednesday should have been paid the company argued that the problem is not money and that payment was not performed because the authorities wanted to be present and will come only in the next week to UruguayAnyway , it’s a fact that today shareholder Aratirí ( Zamin Ferrous India ) will not be able to sign a contract for exploitation on 24 , deadline set by the Parliament to reach an agreement. From that date , would Zamin Ferrous within 90 days to present to other interested groups . If they present other interested start to run another 120 days for it to reach an understanding . Company sources said that investor surely be another Indian group , Aurum Ventures , which is currently negotiating with Zamin Ferrous .The website indicates that Aurum Ventures was founded by the investor Ashish Deora Deora in 1999. Uruguay planned to come by these days. Its mining division called Aurum Earth and has coal mining permits in Mozambique and Tanzania gold . It also has offices in Singapore and India. Page does not indicate that the Indian group is extracting metals in any country in the world . Aurum itself has launched a solar energy project in the Indian state of Gujarat.The sources said that there would be an inconvenience submitting bid maintenance guarantees but acknowledged that continues pending prior environmental authorization must give the National Directorate of Environment (DINAMA ) . The company submitted an environmental impact study of the project to exploit iron five mines near Cerro Chato and Valentines Dinama that is still studying last year.Aratirí project has had multiple comings and goings and several times was found for signing during the government of former President Jose Mujica had assigned great importance to streamline the central- eastern part of the country.The sharp decline that has taken the price of iron seems to have also had an impact for the cooling of the talks between the government and investors.Environmentalists remain alert against mining.Uruguay Free movement , which wants to ban metal mining open sky in Uruguay , said it will continue to campaign against Aratirí project. Raúl Viñas, one of his references , said ” we have shown and no one could even argue that such exploitation no economic benefits to the country would not only create development and generate a limited supply of highly hazardous work and for a period of less than 15 years, leaving large environmental liabilities ” .

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Deputy Gerardo Amarilla requested reports on the scope of the Zamin Ferrous alienation by Aurum Ventures.

The lawmaker Gerardo Amarilla (National Party) want to know the extent of the alienation of Zamin Ferrous by Aurum Ventures and its possible consequences on the mining project in our country.Literally, Yellow consultation in accordance with the powers granted by Article 118 of the Constitution of the Republic, request you to be good enough to take the Ministry of Industry , Energy and Mining bound for UTE , the following;

Request for Information.

1. The date on which the company Zamin Ferrous were alienated Aurum Ventures group and when was the official communication to this portfolio is report.
2. Who are the current holders of the company and capital it holds.
3. What deposits are currently being exploited and that countries.
4. If the mining project awarded to the former company has been changed and if so which are the current conditions of future exploitation.
5. How many sites have planned explode if finalize the agreement with the national government and whether there has been progress in that regard.

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Owners of land leased by Aratirí claim payment of rents

A producer said the company is in default more than 70 owners and used as a tool to pressure the government Montevideo / TodoElCampo- When Aratirí arrived in the country came to legal lease of private land through the legal determination of slavery, occupation and step; producer Ruben Barrera said the journalist Álvaro Aguiar.

He said that although the contract was signed by the contracting parties is governed by the National Directorate of Mines and Geology ( DINAMIGE ) of the Ministry of Industry, Energy and Mining ( MIEM ) , because it will stay in force until the government rule regarding large-sized mining .A common value for all the producers were agreed and as soon as the company began to explore, producers charged the first six months in advance. However, Barrera said, when they began the vagaries of the government on the signing of the agreement, the company suspended payments “without notice “.

About 70 owners of Cerro Chato , Las Palmas, Valentines , Monsoon and other nearby places of Durazno , Florida and Thirty- Three , stopped receiving income and in some cases , such as Barrier , more than a year ago In meetings with company representatives, it was explained to producers who had two options: make a judgment on the company, or accept payment of 50 % of debts, and the rest freeze until March 2016. The argument Aratirí, he told Barrera, is that the company does not currently operates the premises by the lack of signature of the contract with the government. To understand this producer, they are the tool with which the Aratirí “press” the government.

What’s next

 He explained that a senior member of the company said to him that in the first week of November visited the country in Aratirí new investors, who are negotiating with the government. In an advanced stage of talks, the firm would seal in due time, he said.Meanwhile, producers assess how they will act. So they return to their land access (in case the agreement is not signed) he explained the contract has to break, therefore the DINAMIGE to withdraw from the contract or waive the investment company.

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Aratirí PROJECT

The company Aratirí not yet submitted all the information from the environmental point of view .

Industry Minister Carolina Cosse said that while the deadline in six days , the company

It has 90 days to file an investor and if you do have 120 to go ahead with the process.

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Government of Amapá and Zamin sign MoU for resumption of mining activities.

It was also agreed the operation and maintenance of the Amapá railroad and reconstruction work of the mineral port of shipment. The moment was attended by the minister of agriculture, Katia Abreu, who was visiting the Expofeira. In a ceremony held on the evening of Wednesday, 04, in the Investor’s Hall in the Business Pavilion 51st Expofeira Agricultural Fazendinha, the government of Amapá and Zamin Amapá mining company signed a Memorandum of Understanding aimed at the resumption of the company’s activities in the state, and the operation and maintenance of the Amapá railroad and reconstruction work of the mineral port of shipment.

The event was attended by the minister of agriculture, Katia Abreu, who was visiting the Expofeira. The document was signed by the governor Waldez Goes ; the CEO of the Economic Development Agency of Amapa ( Amapá Agency) Eliezir Viterbino ; the state secretary of transportation, Odival Monterrozo milk ; the assistant attorney of the state, Julian Caesar Avelar ; by the Mayor of Santana, Robson Rocha , the mayor of Serra do Navio , Jose Maria Lobato Amaral ; by the Mayor of Pedra Branca , Genival Gemaque Santana at representing the company Zamin Amapá , Mohit Kumar Krishen Bahatia and on Ashish Deora and Saurabh Sangekar respectively president and director of Aurum Mining investing company in the venture in Amapá.

Among the main clauses to be met by the mining company , the Protocol are the immediate resumption of activities of the railroad , the revitalization of five kilometers of the railroad in 2016 and over 8 kilometers annually in the following years . It is also established, the resumption of works of reconstruction of the ore shipment port and effort so that by July 2016 the mine in Pedra Branca do Amapari , restart the operation. All this, hoping to generate about 1,400 direct jobs throughout the state. Is still the mining company responsible for revitalizing the line of electricity transmission , the Coaracy Nunes plant to Serra do Navio ; settle debts with suppliers and labor justice and contribute to the development of tourism , among other items. By contrast, the State is committed to temporarily suspend filed lawsuits to the detriment of the mining and maintain, in agreement with the Zamin, the suspension of the expiry decree for six months.

For the CEO of Amapá Agency Eliazir Viterbino, the agreement was made to provide strengthening the monitoring of mining, which is one of the great vocations of the state and that has come to represent 1.8 % of national GDP. “We put together a great deal that, with the involvement of a new investor who will encompass the Zamin , we will have you back about 1,580 jobs in the sector . This is a state vocation that needed to be strengthened to help develop the state’s economy, “he pondered. For the Secretary of State for transport, Odival Monterrozo, the agreement provides ample restoration of railway mode, important for the Amapá transport sector.

“Mining, which is an important economic vocation, cannot do without a transport servitude. Rather than take advantage of an already installed in the state, we must give potential for this. Thus, the Government closes the transport circuit, with the integration of road modes, road and inland waterways and rail, he said, announcing that the Orangery Prefecture of Jari, under accepted the Ministry of Cities and the Federal Savings Bank shall pass to the Setrap the responsibility to complete the bridge over the river Jari linking Amapá to Para.

“When we bridge on Jari Rivers, Oiapoque, Matapi and Vila Nova and all transportation alternatives, economic vector only tends addition,” he concluded. For the mayor of Pedra Branca do Amapari, the return of the Zamin Amapá activities represents a grid impetus to the economy of their respective municipalities. “The governor Waldez Garcia has had a positive positioning in the development of the mineral sector in the state. I believe that he once again in this great partnership, will make the back design and, of course, the council will re-raise to compensate for the loss of more than R $ 15 million in just two years, “said Genival Gemaque. For Jose Maria, mayor of Serra do Navio, the people of the city will benefit from jobs that the activity will generate. “Despite being installed in Pedra Branca, the Zamin generate employment opportunities for the residents of Serra do Navio, as well as social compensation. The return of the activity will be good for the county for the state, for the country and especially for the people benefited, “he emphasized.

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As an iron Ashish Deoar

Aratirí changed hands and fired 90 workers, but calls for more standards and reactivates the pipeline project.

Aurum Ventures, a multinational based in Bombay, India, and includes on its website the Valentines project. According to the scheme which publishes the website, Aurum Venturesacquired two of the three projects Zamin Ferrous: The Valentines and Amapá (Brazil). Thus, the deadline for the signing of the investment contract, which expired on November 24 is extended; if that happened, Zamin Ferrous miners must deliver to the Registrar of Vacancies titles.

The extension, which will for seven months, 19,126 grant for the Mining Law of Great Porte foresees the possibility ” that the developer submit a concerned and, if the government agrees, extend the time of contract negotiation ” He explained yesterday to the daily Victor Bacchetta, member of the movement Uruguay Free Megaminería after the conference that was at the headquarters of the Rural Federation. When the mining project Aratirí stopped, the company sent more than 100 workers to the unemployment. The last of the unemployment insurance extensions 90 Aratirí workers expired on August 31, when the situation turned over three and a half years. One worker , Francisco da Silva , told the daily that by the National Union of Metalworkers and Allied ( UNTMRA ) are negotiating with the company at the Ministry of Labour and Social Security ( MLSS ) severance pay , the while able to develop a register of workers ” where all the mining Aratirí template , which are 90 companions falls , and that gives us the guarantee that in the future, if the mining project is reactivated , can be reinserted at work ” . Workers next week will have a new meeting at the MTSS, and probably in mid-November to charge termination. Da Silva lamented the situation that is created in the localities. He stressed that the Cerro Chato and Valentines is one of those with the highest rates of unemployment in the country, along with high levels of informality, where the predominant activity is livestock.” Each partner will have his project, but most will have to assemble the bags and sent to move”.

Mal port

While working in the area is on stand -by, “the mining returns most titles prospecting and exploration has already achieved and new applications,” he said in a statement the organization Free Uruguay yesterday. Bacchetta said Aurum Ventures is a speculative group “still less specialization in mining and raw materials in Zamin Ferrous” and that a new stage begins. He charged that ” the land is left to the hot money ” because ” an area that has a mining title is devalued , then back come one who buys the land , which sometimes is the same mining ” , noting that Aratirí has purchased 9,000 hectares in Cerro Chato and Valentines , and that has become the largest landowner in the area. He also said that ” are capitals that are to do whatever , while they do make livestock mining , or farming; if at some point the situation favors them to do otherwise , they will decide ; they become the owners of the decisions. ” Therefore, the premise of the motion is that this new situation implies a loss of sovereignty. Among the standards orders in recent months, several in the department of Rocha. Bacchetta said the mining returned to the original project to remove the iron by the pipeline that would end at the beach La Angostura. “I went this week to Dinama [National Directorate of Environment] to see the file and there is a note of Aratirí saying they were authorized [the Ministry of Transport and Public Works] to return to the original project with the port terminal in the beach La Angostura “. According Bacchetta, that means “the official death” Project deepwater port in the El Palenque, because last year the Uruguayan government made ​​it clear that there could be more of a deepwater port on the coast of the coastal department. Tta Bacche- thus considers that the project is armed, because if the new owners want to sell it, could not be a loose end as the deepwater port whose realization was not confirmed. He also noted that Aurum Ventures also speaks of reserves of between 3,000 and 5,000 million tonnes of iron Valentines area exist, and that their operation could last between 80 and 90 years. “These people are dedicated to inflate the heritage it has to sell, that’s the reason why have all possible long to not give us the information,” he raised Bacchetta , realizing the request for access to information made through the Justice, which he ruled in favor, although it still has not complied .

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Ashish Deora Signing the MOU with AMPA

CEO - Aurum Mining Pte Ltd: Mr Ashish Deora. Signing MOU with
Minister of Agriculture: Katia Abreu.
Governor of Amapa State: Waldez Goes
Director-President Agencia Amapa: Eliezir Viterbino

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Ashish Deora MOU Sign at Amapa

Cosse: Aratirí “shown interest” in concrete mining project

Cosse: Aratirí “shown interest” in concrete mining project

The Minister of Industry said that the mining company Zamin Ferrous “is pending some answers” to the Ministry of Environment, but said that after expiration of the legal limit of 24 November, “the law provides additional time”.

“The company is in contact with us, sharing the information they need,” said Carolina Cosse when asked about the status of the project Aratirí open pit mining.

The signing of Indian origin began years ago the installation process in Uruguay, but different political events and the fall in the international price of iron questioned the project.

Within six days the legal term expires issued by the Ministry of Environment for the submission of documentation on environmental care enterprise.

However, Cosse said that after the deadline, “the company has another 90 days to file and if it does inverson has 120 days to resume the project.”

The minister said that “until this is not made ​​the presentation are not able to sign any kind of commitment.”

On other issues, the hierarch said that continuing to evaluate whether or not to continue the work of the regasification plant and said it will be an issue to be defined soon by the Council of Ministers.

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