Nicaragua Wants More Mining Investment

The union of mining companies is promoting the arrival of new foreign investments in order to achieve greater development and formalization of metal mining in the country.

Monday, March 13, 2017

The president of the Mining Chamber of Nicaragua (Caminic), Sergio Rios, presented  to foreign businessmen the characteristics and conditions offered by the country's for mining investments and invited them to invest in the country and take advantage of its geological potential.

See also: "Figures from Metal Mining in Central America"

Sergio Rios, president of Caminic said that they are looking for "... 'investors committed to our approach of mining for everyone. We want entrepreneurs who are convinced, like us, that mining can and should be developed in a sustainable way, which can guarantee minerals for current consumption without compromising the development of future generations.'"

See also "Nicaragua: Artisanal Mining Plant for $6.5 million"

Laprensa.com.ni reports that "...According Caminic, metal mining is Nicaragua's third largest export sector  (in the general scheme, which excludes the free zone), which in 2016 sent abroad 285,900 troy ounces of gold, with an export value of $357 million."

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