Colombia: Forest Rule to Outshine Colombia Auction Plans

Feb 8, 2022 | Paul Harris, Mining Journal
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Details of the areas are expected to be made available when the pre-qualification process opens. The government offered five small copper areas for auction in early 2021 resulting in two areas being awarded to local company Carbomas on a 30-year contract in a process which was criticised for the numerous requirements for pre-qualification as well as the small areas offered. Speaking at the Colombia Gold Symposium in November, Juan Miguel Duran, president of the National Mining Agency, said the areas in the 2022 round will be distributed throughout the country. The government is also planning to auction areas with coal potential later in the year.