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New Mining Code in Colombia faces trouble

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The constitutional court in Colombia gave the government a term to present a new Mining Code that complies with the prerequisite of a previous consultation with the ethnic communities involved. This term comes to an end in may 13th, when all 31 articles in the code will become void.

There are four main points of concern within the government. The first one related to the inability to exploit moorlands and wetlands, with the void of the code the inability to exploit them could also be void and these ecosystems could be endangered by the possible mining operations that could be undergone. However there is a plan B regarding this issue, there has already been passed a law within the national development plan that prohibits mining activities in this areas.
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Emeralds Mining

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If you find the Emeralds extremely beautiful and fascinating but you don’t know exactly what they are and how they are produced, then all you have to do to understand a little bit more about Emeralds is to read this article:

The Emerald is a gemstone that is formed in the bowels of the earth by the pressure generated in the earth’s faults and the high temperature that it generates, that is why it has to be extracted by removing the topsoil and getting into deep of the earth. Emeralds are a variety of the mineral Beryl with traces of chromium and vanadium, which gives them their green color. It is as diamonds, sapphires and rubies considered as a precious stone and that is why its price is higher than some other stones like zircon, amethyst, topaz, among others. It’s considered as an investment asset by investors and exceptional jewels pieces by jewelers.
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Chivor Emeralds

Chivor Emeralds (Experience)

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Chivor is a little town located south of Boyaca, in an area that limits with Cundinamarca. Roads to acces the area are very rudimentary and only SUVs can acces some places because of the poor condition of the roads. It is well known among the emerald trade in Colombia for it’s high quality Emerald Gemstones, given that they are considered to be among the top in Crystal quality. Not until recently Chivor was still a small producer of Colombian Emeralds, but given that Chivor emeralds are highly valuable and the demand has been increasing within buyers, production in the area has increased at accelerated rates.
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Colombian Emeralds deposit in excavation

Emeralds Extraction Company

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Here is a short video (YouTube) about one of our strategic allies, an Emeralds Extraction Company whose main deposits are located in the municipality of Gachala, Cundinamarca, Colombia. This company has extracted high quality Emerald Gemstones and is compliant with all government regulations regarding industrial safety and environmental mitigation. According to studies conducted by experienced scientists in the field of Emeralds, Emerald Gemstones from Gachalá are among the highest quality gemstones in the world.
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