EKAA HRIM Earth Resources, a new mining company which opened a US$20 million quarry in Batavia, Region Seven, has committed to making quarterly lease payments on three different sections of the 1,080 acres of land in the village, along with several other benefits.
Batavia’s Toshao Oren Williams told Stabroek News that the deal to have EKAA HRIM Earth Resources mining on the Amerindian land was signed with the guidance of the Amerindian Act. This is a 15-year deal, with the possibility of an extension, Williams said. How-ever, for now, the company is expected to pay on the lease for three different zones that come at three different prices for the next 15 years.