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Red Eagle Mining Corp RDEMF

Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.


GREY:RDEMF - Post by User

Bullboard Posts
Comment by gold_diggers1on Feb 22, 2016 2:46am
167 Views
Post# 24580662

RE:RE:Court ruling

RE:RE:Court ruling
tsawboss wrote:
Santa Rosa is 1700 m above sea level close to the city of Medellin. Paramos (treeless alpine) would be above 3500m or above.


Excerpt from the article on what are considered paramos:
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According to senator Cepeda, the court’s ruling will lead to a “profound discussion about how paramos are delimited.” He told the Guardian that the plaintiffs, together with environmental organisations and others, intend to ensure the government abides by the court’s ruling and “will seek the suspension of more than 400 mining titles.”

AAS’s Margarita Florez says the court’s ruling cannot be appealed. “The decision is a constitutional sentence and therefore it is binding on the government and must be complied with,” she told the Guardian. “There is no way to appeal it.”

The court’s ruling cites various definitions of paramos, including “the highest and most exposed regions of tropical Andean mountain ranges” and “neotropical mountains between the upper limit of forest vegetation (3,200-3,800 ms above sea level) and the lower limit of perpetual snows (4,400-4,700 ms) in Andean systems.” It quotes the Humboldt Institute describing them as “key sites that “harvest” rainfall and snow water stored in glacial lakes, bogs, marshes and peat soils” that are “held for a relatively long period of time and released constantly and slowly.”

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