Mining in Nicaragua: Good Expectations for 2018

Although the exports in this sector fell 9% during the past year, the union expects that in 2018 sales abroad could grow by 17%.

Thursday, April 5, 2018

According to figures from the Central Bank of Nicaragua, sales abroad made by the mining sector totaled $338 million in 2017, which represents a reduction of 9% compared to the amount reported in 2016.

See "Metalliferous minerals market in Central America"

In relation to what the trade union expects for this year, the executive director of the Mining Chamber of Nicaragua, Sergio Murillo, told Laprensa.com.ni that "... this year they expect to export some 370 million dollars," which would mean an increase of 17 compared to last year."

Regarding figures on mining activity in Nicaragua, Murillo explained that " ... of the total exports 27 percent comes from artisanal mining."

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