The Canada-based Linear Gold Corp. ceded to pressure from indigenous communities who oppose plans to exploit gold and silver deposits at Ixhuatán in Mexico's southern state of Chiapas, and announced the closure of its offices in the state on Sept. 28. Along with the company Blackfire Exploration Corporation, Linear Gold Corp. holds most of the concessions granted by the Mexican government to foreign mining outfits in the conflicted state. The company's statement upon closing its Chiapas offices cited the world financial sitaution, and left open the possibility of resuming local operations. The Mexican Network of the Mining-Affected (REMA) had held numerous protests against the project. (No a la Mina [2], Sept. 28)
See our last posts on Mexico [3], Chiapas [4] and the mineral cartel in Latin America [5].
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