Nicaragua Grants 25 Year Gold Mining Concession

Canadian mining corporation Condor Resources has been granted a 25 year exploration and mining concession in Nicaragua.

Tuesday, April 13, 2010

The 22.5 kilometer area is located in La Libertad – Santo Domingo, and adds to Condor’s 5 existing concessions in the country.

From Proactiveinvestors.com: “According to Condor, the Cerro Quiroz vein was discovered in 2003 by Canadian explorer Chesapeake Gold Corp (TSX-V: CKG) which defined a north-south trending quartz vein grading up to 17.8 grams per tonne gold over more than 1500 metres strike length”.



More on this topic

Mining Exploration in Nicaragua

October 2015

The canadian company B2Gold has announced that it will be carrying out studies to determine the feasibility of mining explotation in the municipality of Rancho Grande in Matagalpa.

Among the analysis to be carried out by the company in the area of ​​Rancho Grande are studies on the "soil, water, air, flora, fauna and culture of the community" according to a report by Elnuevodiario.com.ni.

Panama: Halt on Mining Concessions

January 2015

The Varela administration has announced that it will analyze revoking the concession granted to Petaquilla Minerals to operate at Molejón and freeze the paperwork for new mining concessions.

Despite the large mineral potential in Panama, the Minister of Commerce and Industry, Meliton Arrocha, announced that mining concessions have been frozen pending audits of permits issued in previous administrations.

Guatemala Grants Mining licenses to Russians and Canadians

April 2013

Compañía Guatemalteca de Níquel, S.A. and Minera San Rafael S.A have been granted permission to undertake controlled mining activities in two sectors of the country.

From a press release issued by the Ministry of Energy and Mines of Guatemala (MEM):

This morning (yesterday) authorities at the Ministry of Energy and Mines (MEM) reported the granting of two mining licenses, identified as SEXT-015-11 "ESCOBAL" to company "MINERA SAN RAFAEL, SA" and SEXT-019-11 "Proyecto de Explotación Minero Niquegua MONTÚFAR II" for company "Compañía Guatemalteca de Níquel, S.A.".

Request for Reconsideration of Gold Mine Denial in El Salvador

March 2009

Community development associations in the region of El Dorado requested President Saca to reconsider his decision not to allow the exploration of precious metals.

At a press conference, the claimants, who denied being employees of Pacific Rim, the Canadian mining company which is mainly affected by the presidential decision, indicated that operation of the El Dorado mine area would bring the jobs needed to alleviate the extreme poverty of local inhabitants.

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