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El Salvador makes history to become 1st country to ban metal mining--


The littlest nation in Central America – El Salvador – has affirmed a law precluding all metal mining trying to ensure the earth and regular assets. It is the first nation on the planet to do as such. 

The new law, upheld by 70 administrators, bans all investigation, extraction, and preparing of metals both in open pits and mines. 

"It's a noteworthy day in El Salvador. It's a memorable day for the entire world,", Environment Minister Lina Pohl told correspondents after a vote in Congress, as cited by the Financial Times.

RT.com Reports: 


“This is a brave step, an extraordinary step, and an enormous step toward reversing the environmental degradation in this country,” she added.
The level of environmental pollution in El Salvador is one of the highest in the region, second only to Haiti, and the availability of drinking water is the lowest, according to UN data.
“Mining is an industry whose primary and first victim is water. We are talking about an issue that is a life-or-death issue for the country,” said Andrés McKinley, a mining and water specialist at Central American University in San Salvador, as quoted by the New York Times.
The legislation was passed despite interest from international gold and silver mining companies.
In October, El Salvador won a lawsuit at the World Bank's International Center for Settlement of Investment Disputes (ICSID) against the Australian-Canadian miner OceanaGold Corp.
The company demanded $250 million compensation after El Salvador retracted an extraction permit in 2009. OceanaGold was instead obliged to pay the country $8 million in legal costs.
El Salvador has the population of about six million people and has a $25.9 billion gross domestic product.

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