Greystar Resources is a Canadian company listed on the Toronto Stock Exchange, but it also has a listing on London’s Alternative Investment Market.
Greystar has been told by the Colombian government to file a new environmental impact assessment (EIA) for its gold-and-silver mine at Angostura.
The industry is claiming the new rules are essentially a ban on mining in Colombia’s “Paramo” ecosystem.
The Angostura Project is 55 km from Bucaramanga, the capital city of Santander department. Greystar’s largest shareholder is the World Bank’s IFC at 10.76%.