CURRENT AFFAIRS

Detailed explanation-1: -Central America’s smallest nation El Salvador became first country in the world to ban metal mining nationwide. In this regard, it has passed a law that bans all mining for gold and other metals.

Detailed explanation-2: -El Salvador banned all mining of metals in 2017, but environmentalists are concerned that the government is preparing to reverse the decision and bring in international investment.

Detailed explanation-3: -Gold Reserves in El Salvador averaged 6.90 Tonnes from 2000 until 2022, reaching an all time high of 14.59 Tonnes in the second quarter of 2000 and a record low of 1.37 Tonnes in the first quarter of 2015.