Mining Boom Continues in Nicaragua

The sector closed the first half of the year with a 20.5% increase in exports, compared to the same period of 2011.

Wednesday, July 18, 2012

Vice President of the Nicaraguan Chamber of Mines (Caminic), Dennis Spears, said that the boom being experienced by the sector will allow the opening, in the short term, of a new gold producing plant, "we are taking steps, we have areas where we will install and we have reflected that have a good site where it is worth putting a plant ... ".

Total exports were $198.5 million, $33.9 million more than in the same period of 2011, according to the Center for Exports, Cetrex.

This slight increase is due to increased productive capacity of the three major mining centers in Nicaragua, such as Mina El Limon and La libertad, Leon, and Hemco in Bonanza, in the northern Caribbean, said Spears to

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