Closure of natural resources projects in Latin America




This paper addresses (i) the requirements for submitting, updating and having mine and oil well closure plans approved; (ii) the remediation requirements in the extraction zone; (iii) tax incentives and amortization of closing costs across the life of the resource; (iv) the implications for changing or terminating labor contracts; and (v) potential liabilities upon closure of the resource.

Año: 2013

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