INTIEAPanama · Law No 32 modifying law 55 and 109 of 1973 and law 3 of 1988 to adopt measures to preserve the ecological balance and guarantee the adequate use of mineral resourcesPolicyIn force

Law No 32 modifying law 55 and 109 of 1973 and law 3 of 1988 to adopt measures to preserve the ecological balance and guarantee the adequate use of mineral resources

In 1996 the Legislative Assembly of Panama passed law No 32 to modify several mining industry regulations. This modification aims to take measures to preserve and protect the environment and guarantee the adequate use of mineral resources. Particularly, this law has the…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Panama · Year: 1996 · Status: In force · Level: National · Type: Voluntary

In 1996 the Legislative Assembly of Panama passed law No 32 to modify several mining industry regulations. This modification aims to take measures to preserve and protect the environment and guarantee the adequate use of mineral resources. Particularly, this law has the following objectives:

Apply measures to preserve the ecological balance and guarantee the use of mineral resources to exploration and extraction activities for non-metallic minerals.

Incentivise extraction of rocks, such as, basalts, andesites, granodiorites, and limestone, for use as stones in the construction industry, as a viable environmental mining option.

Establish a Concessions Advisory Commission for the exploration and exploitation of non-metallic minerals. This Commission is an inter-institutional body, and its chair will be the Provincial Director of the Ministry of Trade and Industries. Its members are the mayor of the affected area, a representative of ecologist groups residents in the area of the concession (with legal status), appointed by common agreement between the different organisations, the regional director of the National Institute of Renewable Natural Resources, the provincial director of the Panamanian Institute of Tourism, the provincial director of the National Aqueduct and Sewer Institute and the president of the corresponding municipal council.

Official source: https://arap.gob.pa/wp-content/uploads/2015/05/ARAP_legislacion_ley-arap32-9-2-1996.pdf

Source

https://www.iea.org/policies/16738

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45056NewsIn force

The U.S. Army Just Called China’s Bluff in the Rare Earth War

Just recently, in a span of about six weeks, one impressive company was selected by the U.S. Army to build and operate rare earth processing facilities on an American military base…the first time the Army has ever done this. That same company closed $100 million in institutional financing, giving it a war chest of roughly $130 million. It was also formally added to the Russell 3000 Index. And it locked in MOU’s for feedstock agreements covering billions of tonnes of rare earth-bearing material from sources across Wyoming, Appalachia…

10 hours ago
INTEnergy Newsoilprice:oilprice-article-45052NewsIn force

Oil Prices Ignore the Warning Signs in Physical Markets

Oil price movements since the start of March this year have become the topic of dozens of discussions. Many have been puzzled by futures prices and why they haven’t gone through the roof given the severe disruption in Middle Eastern supply. It appears the reason is sheer optimism and a bet on market adaptability. However, there is a problem with that. Adaptability has limits. Many commentators like to compare the current oil price—and supply—situation to 2022, when Russia’s incursion into eastern Ukraine prompted an actual…

11 hours ago
INTEnergy Newsoilprice:oilprice-article-45054NewsIn force

The World’s Largest Sand Battery Is Now Online

Modern power grids require a constant, real-time balance between supply and consumption. Unfortunately, the integration of wind and solar energy makes power grids unstable due to the intermittent nature of renewable energy generation. To prevent localized grid blackouts or harmful voltage spikes, utilities are increasingly pairing renewables with battery storage and/or rapid-response natural gas plants to smooth out fluctuating supply. However, Finland has now come up with a rather eccentric method to store excess renewable energy and release it…

12 hours ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/australia_to_study_first_new_oil_refinery_since_60s-28-jul-2026-184235-article/?rss=trueNewsIn force

Australia to Study First New Oil Refinery Since 60s

Prime Minister Anthony Albanese Tuesday announced a study for a new refinery in Karratha in Western Australia, backed by A$4 million ($2.8 million) of government funds.

13 hours ago
INTEnergy Newsoilprice:oilprice-article-45055NewsIn force

Refined Fuels, Not Crude, Are Driving the Oil Market Crunch

Oil prices have just come off a fresh two-month high as the crude oil market has tumbled this week amid signals of de-escalation in the U.S.-Iran conflict. Despite the slump in crude prices and the extreme volatility in the past five months, the refined product market continues to tighten with refining margins at record highs because the supply of petroleum products is much tighter than crude supply. Refining margins held at record highs even as crude oil prices soared last week to $100 per barrel. That’s because global gasoline, diesel,…

13 hours ago