State of the Mining Industry in Guatemala

First part of the study "Contribution of the Mining Industry to Guatemala's Development 2009', by CIEN.

Friday, September 25, 2009

This study was developed by Sigfrido Lée and María Isabel Bonilla de Anzueto, researchers at CIEN (Center for Economic Investigations). It is the first of a series of studies analyzing the benefits and costs of the mining industry in Guatemala.

The first and current edition provides a description of the current state of the Mining Industry in Guatemala. It attempts to present facts and incite national discussion, in order to make mining an integral part of the country's development. It never attempts to suggest that a balance between economic development, society and environment has been reached, but, in order to have a reasonable social dialogue, the topic must be demystified, and tackled objectively.

More on this topic

A New Mining Company in El Salvador

September 2016

Companies in the sector point to the favorable geological conditions for this activity in the country and advocate that the suspension of concessions which has been in effect since 2009 be lifted.

Companies engaged in exploration and mining activities support their argument citing the new ways in which the activity now takes place, differentiating the artisanal mining techniques which were used in the past from those used in modern mining. 

Nicaragua Site of International Mining Congress

April 2016

On August 16 and 17 industry representatives from around the globe will be taking part in business conferences and lectures on the role of mineral resources and the impact of the activity on the economy.

The II International Mining Congress is being organized by the Mining Chamber of Nicaragua and will be held on August 16 and 17 in Managua.

Canada Defends its Mining Companies

May 2015

Central America should take note that the Canadian government is moving away from environmental positions and promoting and defending the interests of its mining investment undertakings in other territories.

The Salvadoran government is attempting to gain support in Canada in its litigation against Oceana Gold, a company founded on Australian and Canadian capital which is trying to buy Pacific Rim, a company that sued El Salvador for $301 million because they were not granted permission to operate a gold mine in the north.

Mining Exploration Expanded in Nicaragua

August 2014

The Canadian company B2Gold will be extending exploration activities in the La Libertad gold mine for seven years and operating six other projects in other parts of the country.

The process of conversion of the La Libertad gold mine, initiated by the Canadian B2Gold and which currently extracts between 140,000 and 150,000 troy ounces of gold a year, will continue for seven years, according to statements made by company representatives.

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