The Mexican Environmental Authority has given Argonaut Gold (TSX: AR) a lump of coal for Christmas. The regulatory body known as Semarnat has denied approval of Argonaut's environmental impact assessment (EIA) for its San Antonio gold project in Baja California Sur, Mexico. Peter Dougherty, Argonaut Gold's president and CEO, declined a request for an interview, but in a press release stated that he was "disappointed" with the ruling, and that management would "review the factors that led to this decision and determine a path to move this project forward."
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