Mexico's environmental authority halts Almaden's Ixtaca project

摘要

Mexico's environmental authority, Semarnat, has suspended permitting for Almaden Minerals' (TSX: AMM; NYSE-AM: AAU) Ixtaca gold-silver project in the state of Puebla, pending the resolution of a lawsuit that challenges the country's mineral-title system. The lawsuit, filed by the Tecoltemi community of about 150 people in Puebla state, contends that granting mineral titles without Indigenous consultation is unconstitutional and a violation of human rights, as set out under the International Labour Organization Convention 169.