Mining in Honduras: $168 million Exported in 2017

Gold, silver, lead and zinc were some of the main materials exported during 2017, and the main buyers were the USA, Germany, Aruba, Austria and Belgium.

Wednesday, January 10, 2018

The authorities at the Honduran Institute of Geology and Mines (Inhgeomin) presented figures for 2017 and explained that the good performance achieved last year was mainly due to favourable international prices and to the reactivation in economies such as the United States, which led to an increase in demand for metals and minerals, especially for construction.

See also: "Nicaragua: Forecasts for Gold Production in Nicaragua"

Laprensa.hn reports that "...Likewise, there was greater dynamism in direct investments towards Honduran mining.  Nivida Hernández, executive director of Inhgeomin, explained that `Investments in the sector grew considerably, because the government has streamlined processes to grant concessions, at least for exploration`.

"... The countries that invested the most in the national mining sector were the US, Canada, Taiwan, Germany and Mexico, and with less participation countries in South America, including Colombia and Chile."

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