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Newlox Gold Ventures Corp C.LUX

Alternate Symbol(s):  NWLXF

Newlox Gold Ventures Corp. is a Canada-based environmental reclamation and mineral recovery company. The Company is engaged in the business of operating tailings remediation and gold recovery facilities in Costa Rica. The Company is focused on developing gold projects through precious metals recovery from mining waste. It produces gold through environmental remediation by recovering residual precious metals and contaminants from tailings. The reclamation process is designed to provide environmental remediation and gold production. The Company’s wholly owned subsidiary, Oro Roca, S.A., has built an environmental reclamation facility in Central America.


CSE:LUX - Post by User

Post by Newloxlurkeron Oct 19, 2021 7:30pm
252 Views
Post# 34024969

CYANIDE now banned in Costa Rica, is Newlox next?

CYANIDE now banned in Costa Rica, is Newlox next?Costa Rica has now banned the use of Cyanide. (see below) When will they shut down the small Newlox operations?

Newlox has NO proprietary Technology. All they have is simple second hand crushing and concentrate equipment that can be purchased off the shelf or built anywhere... but now they can't continue to secretly use cyanide to treat their concentrates and will have to send it to smelters. This will eliminate any cost benefit they have been claiming.

Costa Rica has banned cyanide. In 2010, the president signed a decree completely banning all open-pit mines and cyanide mineral leaching operations. The ban was motivated by environmental degradation and a repeated failure to operate and control cyanide leaching facilities safely.
https://www.e-mj.com/features/the-current-status-of-cyanide-regulations/
 
In an extraordinary session that took place in the Legislative Assembly of Costa Rica, a law was presented against open-pit mining in order to stop the great damage that this practice causes to our environment, 50 legislators voted in favor of the project that prohibits the exploitation of gold with this method and also the use of cyanide and mercury.
https://thecostaricanews.com/open-pit-mining-prohibited-in-costa-rica/
 
Places as diverse as the U.S. state of Montana, Costa Rica, and the Czech Republic have enacted legislation banning cyanide in mining.
https://osocio.org/message/coalition-for-a-cyanide-free-romania/

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