Deal #809

Colombia
Created at
2013-02-15
Last update
2023-03-26
Last full update
2023-03-26

Land area

Intended size
16 000 ha
Size under contract (leased or purchased area)
  • [2004-12-28] 12000 ha
  • [2021-06-30, current] 16000 ha
Size in operation (production)
  • [2009, current] 4003 ha
Comment on land area
The concession is located in a territory named Rio Murindo (and a forestal reserve), which belongs legally to indigenous communities from the Embera people. The Resguardo Uradá Jiguamiandó is one of the most important of the country.

Intention of investment

Intention of investment
  • [current] Mining
Comment on intention of investment
Copper, Gold, Molybdenum

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2005] Concluded (Contract signed)
  • [2021-06-30, current] Concluded (Contract signed)
Comment on negotiation status
On June 30, 2021, La Muriel Mining Corporation ceded its mining rights to Exploraciones La Rica SAS (formerly, Minera Cobre de Colombia SAS)

Implementation status

Implementation status
  • [2009] In operation (production)
  • [2014] Project abandoned
  • [2021, current] Project not started
Comment on implementation status
The production was suspended in 2011 because the claims of indigenous community and NGO. Constitutional Court of Colombia ordered to stopped the project. The new company has not formally entered the territory. (2021)