Chinese Companies Interested in Metal Mining in Honduras

A group of Chinese businesses has stated its interest in extracting non-precious metals such as iron, lead and zinc.

Thursday, September 2, 2010

Santos Gabino Carbajal, president of Honduran metal mining association Anamimh, explained that the Chinese delegation has held meetings with Honduran businesses that own mining concessions with a view to negotiating joint ventures.

He added that the investors plan to return in October with concrete economic proposals.

"Carbajal said that one of the main difficulties the Chinese delegation had was the poor state of the roads for accessing the mines, hence the high cost in infrastructure investments," reports Latribuna.hn.

More on this topic

Export of Metalliferous Minerals in Central America

April 2017

Between January and September 2016 the countries of the region exported 399 thousand tons of metalliferous minerals, led by Guatemala, with 375 thousand tons.

Figures from the information system on the the Metal Ores Market in Central America , compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Clic para interactuar con la gráfica"]

Nicaragua Wants More Mining Investment

November 2016

The arrival of foreign investment to the west of the country is being promoted, in places where there are already companies interested in developing the potential for metal mining in the area.

The Mining Chamber of Nicaragua projects growth of 5% in exports this year compared to 2015, driven by a rebound in gold prices internationally and investments in the sector. Sergio Rios, director of the union, also attributed the positive growth projection to the approximate 5% achieved in production.

Honduras: Investment in Mining Industry Growing

January 2014

The growth of the metal mining sector and the framework provided by a new mining law have generated interest from foreign companies.  

Up until October 2013, the share of mineral products in exports of general merchandise was $232.7 million, equivalent to 7%. This, and the adoption of a new mining law last year, has attracted interest from foreign investors who have set their eyes on Honduras.

Honduras: Mining Companies Demand Regulatory Framework

August 2010

Spokepersons for the country's mining industry have once again asked congress to approve a law that enables the sector to be regulated.

La Tribuna reports comments from Santos Gabino Carbajal, president of the Honduran Metal Mining Association (Anamimh in Spanish), saying that, "there is significant interest from foreign investors in bringing capital into Honduras of around $185 million but they lack sufficient legislation to enable them to do so".

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