Decision comes two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine.
Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.
A company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019 to build a massive mining and metallurgical plant at Russia's biggest untapped copper deposit.