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:
Visit : Ashish Deora
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