For 2021, gold exports in Central America obtained a 387% increase in sales by reaching $310 million, with Nicaragua being the main exporter with a value of $1,534 million and a volume of 47 tons, being the main buyer the United States with $1,064 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
In the third quarter of 2021, the volume sold of metallic minerals in the Central American region reached 2,731,659 Tons with a value of $2,176 million, being Panama the main exporter with $2,032 with main destination to China.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
By the third quarter of 2021, gold exports in the Central American region increased by 387% reaching $310 million in sales, the main destination being the United States of America.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the second pre-consultation meeting in Guatemala, the team and the proposed methodology to conduct the Cultural and Spiritual Impact Study of the "Escobal" mining right in the Xinka People was accepted.
As a result of a protective action filed by the environmental organization Calas, the Constitutional Court (CC) ordered in September 2018, to carry out through the Ministry of Energy and Mines (MEM), a community consultation in the area of operations of the mine, in El Escobal, in the municipality of San Rafael Las Flores, department of Santa Rosa.
In the context of the process of the resumption of operations of the San Rafael Mine, the first pre-consultation meeting was held and it was agreed to conduct a study of the spiritual and cultural impact of the mining right on the Xinka indigenous people.
Following a protective action filed by the environmental organization Calas, the Constitutional Court (CC) ordered in September 2018, to carry out through the Ministry of Energy and Mines (MEM), a community consultation in the area of operations of the mine, in El Escobal, in the municipality of San Rafael Las Flores, department of Santa Rosa.
During 2020, imports of aluminum and its manufactures in Central America totaled $480 million, 19% less than what was reported in 2019, a drop that is explained by the decline in purchases from all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
After a community consultation was ordered as a requirement for the resumption of operations of the San Rafael Mine in Guatemala, the authorities invited nine institutions to participate in the first meeting of the pre-consultation roundtable.
Derived from a protective action filed by the environmental organization Calas, the Constitutional Court (CC) ordered in September 2018, to carry out through the Ministry of Energy and Mines (MEM), a community consultation in the area of operations of the mine, in El Escobal, in the municipality of San Rafael Las Flores, department of Santa Rosa.
The mining companies' association estimates that in 2021 gold exports will be 13% higher than the value exported during 2020, explained in part by an increase in the volume extracted and the rise in the international price.
Gold exports in Nicaragua have been on the rise in recent years, mainly explained by increased activity in the sector, added to the upward trend that the price has followed in the international market.
Plantel Los Angeles, a mixed capital company operating in Chontales, Nicaragua, plans to invest $25 million in the construction of three new raw gold processing plants.
The company, which will invest in the new processing plants, caters exclusively to producers who are classified as artisanal miners. The announcement of these projects comes in the context of the increase in gold exports, since between January 2020 and the same month of 2021, Nicaraguan sales abroad went from $50.6 million to $60.8 million.
Following the ruling of the Constitutional Court, the Ministry of Energy and Mines decided to temporarily suspend the rights of the Fenix mining company, located in El Estor, department of Izabal.
Condor Gold, a British company that for 14 years has carried out exploration work in the province of León, in Nicaragua, announced that in 2021 it will invest in the construction of a metal processing plant.
According to company executives, the new industrial plant to be located in the municipality of Santa Rosa del Penon, will have the capacity to process 1,500 tons per day and the company is expected to start exporting by 2022.
After the Constitutional Court decided to keep the "Extracción Minera Fénix" project suspended, the private sector is asking the authorities to start the community consultation process as soon as possible, in an objective and clear way.
The operations of the mine located in the department of Izabal were suspended since July 2019 as a result of a legal appeal filed by a group of neighbors, who argued that the community consultation process for the operation of the mining project had not been exhausted.
The Constitutional Court decided to keep the "Extracción Minera Fénix" project, located in the department of Izabal, suspended and ordered the community consultation process to be carried out within 18 months.
Minera Panama filed a protection action, because since April 6 the Ministry of Health ordered the closure of the Donoso mining project, for reporting an outbreak of covid-19 among the company's staff.
The Ministry of Health (Minsal) suspended the activities of the mining project located in the province of Colon, after several workers became infected with covid-19 and two of them died from the virus.
Guatemala's Tax Administration Superintendent did not approve the decision of the bidding board in the process that ended with the award of the contract to supply 2.4 million metal plates for land vehicles.
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