Mining in Nicaragua: Good Expectations for 2018Although 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. Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Mining: Engine of Growth in NicaraguaOctober 2017 Mining activities have grown at an annual average of 9% in the last ten years, mainly due to growing foreign investment, an increase in production and favorable international prices. Nicaragua and the New Mining LawJune 2017 The Assembly is preparing to approve a bill that creates the Nicaraguan Mining Company (Empresa Nicaragüense de Minas), which will be able to participate in exploration and exploitation activities carried out by companies who have received concessions. Nicaragua Wants More Mining InvestmentNovember 2016 The arrival of foreign investment to the west of the country is being promoted, in places where there are already companies interested in developing the potential for metal mining in the area. The Mining Sector in NicaraguaAugust 2014 In the last six years capacity mining production in the country has tripled and it is expected to increase even more with the startup of two new projects.
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