A mining and exploration retrospect for January 12 to 18, 2013
by Greg Klein
Next Page 1 | 2
Colombia kidnap victims still missing
By press time Friday, little was known about the five people abducted earlier in the day from Braeval Mining’s TSX:BVL Snow Mine gold project in northern Colombia. The three employees and two consultants included a Canadian, two Colombians and two Peruvians. The Peruvian consulate identified two victims as Javier Leandro Ochoa and Jose Antonio Mamani. The other names haven’t been released.
The hostages were taken by members of the National Liberation Army (ELN) in a region described as a traditional ELN stronghold, the Globe and Mail reported. With an estimated 1,500 members, the ELN is much smaller than the Revolutionary Armed Forces of Colombia (FARC), news reports stated.
Although FARC holds peace negotiations with the government, “the ELN has been seeking peace talks … without success. Unlike the FARC, it has not renounced ransom kidnappings,” according to the G&M.
“Miners in Colombia have traditionally paid tributes, or ‘war taxes,’ to rebels and other illegal armed groups,” the paper added.
Geologist gets jail
A Vancouver court handed former mining executive John Gregory Paterson a six-year prison sentence for his faked assay scam, the CBC reported on Friday. Paterson pleaded guilty last September to four counts of fraud.
As CEO of Southwestern Resources and a qualified person, Paterson signed off on 433 assays that he invented between 2003 and 2007. His make-belief numbers were used in a 2005 PEA for the Boka Gold Project in China.
According to the CBC, Paterson’s lawyers told a sentencing hearing that “he suffers from severe depression and argued he didn’t carry out the fraud to line his pockets. Instead, Paterson was motivated by wishful thinking and a crippling fear of failure.”
But the Crown prosecutor told court how investors suddenly lost their savings. “Really, the floor fell out from underneath them,” the CBC quoted him. “It was an absolute shock and a terrible loss.”
Read more about Paterson’s Boka gold scam here.
Land claims clash with claim-staking
A possible overhaul of British Columbia’s claim-staking process could give natives more power to block early-stage exploration on Crown land. A Monday Vancouver Sun article discussed implications of a December decision by the Yukon Court of Appeal, which ruled that the territorial government must consult and “accommodate” the Ross River Dena Council before awarding mineral claims within the Ross River area.
So far the ruling concerns a region surrounding one native band. But it might have wider repercussions within the Yukon and B.C. As the Sun pointed out, the three judges behind the decision also sit on the B.C. Court of Appeal, “meaning they could rule similarly in any separate B.C. case.”
Mining Association of B.C. spokesperson Zoe Younger told the Sun that B.C., unlike the Yukon, doesn’t automatically approve exploration once a claim has been staked. Different circumstances “have different trigger points and thresholds,” she said.
Nevertheless the Sun stated that Andrew Gage, a lawyer with West Coast Environmental Law, “called the Yukon decision ‘hugely significant’ and urged the B.C. government to take notice or face the prospect of more litigation with the same results in this province.”
In a statement issued Monday, the Association for Mineral Exploration B.C. said, “We are encouraging the Yukon government, First Nations and Yukon Chamber of Mines to work together to resolve this issue in a practical way that brings certainty to everyone. AME BC is supporting YCM and following this important file closely. The government of Yukon has been given 60 days to determine if it will appeal the decision to the Supreme Court of Canada.”
Next Page 1 | 2