El Dorado

Project Phase / Fase del proyecto: 

Operations effectively halted in July 2008. In April 2017, following the enactment of the Law on the Prohibition of Metallic Mining, OceanaGold (through its subsidiary, Minerales Torogoz) announced that it would exit the country. The OceanaGold website states that project closure procedures were completed on 15 September 2017 and the company withdrew from El Salvador in 2019. 

Exploration Start Date / Fecha de inicio de la exploración: 
Exploitation Start Date / Fecha de inicio de la explotación: 
Not started
Extraction Type / Método de extracción: 
Country / País: 
El Salvador
Natural Resource / Recurso natural: 
Municipality, Department / Municipio, Departamento: 
San Isidro, Cabañas
Central America
Political Actions / Acciones Políticas: 
Reports / Informes: 
References / Referencias: 

Council of Canadians/Blue Planet Project, Institute for Policy Studies, Maritime Union Australia, MiningWatch Canada, and OXFAM, "Debunking Eight Falsehoods by Pacific Rim Mining/OceanaGold in El Salvador", dated March 2014, online: https://ips-dc.org/wp-content/uploads/2014/03/Eight-Falsehoods-Final-March-17-2014-WEB.pdf, accessed 1 December 2020.

El Salvador Times, "Minera se va de El Salvador", dated 2 April 2017, online: http://www.elsalvadortimes.com/articulo/politicos/minera-va-salvador/20170330185726019909.html, accessed 1 December 2020.

GeoResources, "OceanaGold Agrees to Acquire Pacific Rim Mining", dated 10 October 2013, online: http://www.marketwired.com/press-release/oceanagold-agrees-to-acquire-pacific-rim-mining-tsx-pmu-1838763.htm, accessed 1 December 2020.

Global Investment and Business Center, "El Salvador Mining Laws and Regulations Handbook, Volume 1, Strategic Information and Regulations" (2013), p. 40.

OceanaGold, "El Dorado Project", online: https://oceanagold.com/our-business/closure/el-dorado-project/, accessed 1 December 2020.

Pacific Rim Cayman LLC, Notice of Intent to Submit a Claim to Arbitration, dated 9 December 2008, online: https://www.italaw.com/sites/default/files/case-documents/ita0590.pdf, accessed 1 December 2020.