Artisanal miners from the municipality of Santa Rosa del Peñón are preventing the entry of machinery into La India mine, where Condor Gold is carrying out exploration activities.
The Chamber of Ministers of Nicaragua (Caminic) issued a statement expressing concern about "the situation in La India mine, where some members of the community are preventing the right to work of the inhabitants who are collaborators of Condor Gold, a company that generates employment and carries out exploration work there."
On August 16 and 17 industry representatives from around the globe will be taking part in business conferences and lectures on the role of mineral resources and the impact of the activity on the economy.
The II International Mining Congress is being organized by the Mining Chamber of Nicaragua and will be held on August 16 and 17 in Managua.
The conference will include business conferences, panels and lectures on the economic and social impact of mining on communities; the role of metallic and non-metallic mineral resources in developing countries and environmental challenges in modern mining.
Conflicts over environmental protection and excessive bureaucracy in the process of granting concessions are the factors that limit the great mining potential in the region.
The mining sector in Central America represents great potential for investment and business, however, it has so far contributed only 0.75% to the Gross Domestic Product (GDP), averaged from the six countries in the region, between 2008 and 2012.