Conglomerates of Caribe S.A. will send its first shipment of 40,000 tons of gravin from Puerto Cortés to the United States.
Honduras's Office of the Secretary of Natural Resources and the Environment (Serna) offered, as a concession, the exploration of the Sapadril hill to the business conglomerates of Caribe S.A. (Agrecasa) during the government's previous administration.
Production by Panama's mines and quarries increased by 31 percent in the first quarter of this year, compared with the same period of 2007. The growth is being spurred by a construction boom and high international metal prices.
Demand for rock, sand, gravel and other materials has soared for projects that include the increase in the capacity of the Panama Canal, port expansions, the construction of a seafront boulevard, and residential developments.