El Salvador's Congress approves ending ban on metals mining

El Salvador’s Congress approved a law proposed by President Nayib Bukele to lift the country’s seven-year ban on metal mining, allowing mining everywhere except nature reserves and sensitive watersheds. The law bans toxic mercury in gold mining and mandates private companies to form joint ventures with the government to open mines. Despite opposition from environmentalists and the Catholic church, Bukele believes mining could bring wealth to El Salvador, estimating the country’s gold reserves to be worth $3 trillion.

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