The Chinese company “Nicaragua Xinxin Linze Minera Group” continues to accumulate concessions granted to it by the Ortega-Murillo regime in Nicaragua, through the Ministry of Energy and Mines (MEM). This Monday, November 11, it received a new permit that authorizes it to exploit metallic and non-metallic resources in 1,490 hectares in the municipalities of La Libertad and Santo Domingo, in Chontales.
“Grant the Nicaraguan company , in the department of Chontales”, establishes the first article of the ministerial agreement 046-DM-026-2024, published by the MEM in La Gaceta.
The ministerial agreement details that the mining exploitation concession covers 346.39 hectares in the municipality of La Libertad and 1,143.61 hectares in Santo Domingo.
Related news: Ortega grants the Chinese company Nicaragua Xinxin Minera Group another 483 hectares for mining exploitation
Furthermore, it points out that said mining concession is valid for 25 years, counted from the certification of the ministerial agreement, and that the company must “initiate exploitation activity in any part of the mining lot, within a period of no more than four years, counted from the granting of the concession, a time that may be extended for one more year.
The Nicaraguan company Xinxin Linze Minera Group will also be obliged to pay current or superficial rights; extraction rights; income taxes; deliver reports on their activities to the MEM; allow MEM inspections; comply with labor safety and environmental protection standards; determine the land of the concession by boundary markers; and not carry out exploration and exploitation work within 100 meters of towns, fenced properties, buildings, wells, communication routes, aqueducts, oil pipelines and works of public utility.
It must also allow access and artisanal mining in at least 1 percent of the concession area.
Almost 45 thousand hectares in concessions
The Nicaraguan company Chontales and Northern Caribbean.
The first concessions that this company received were: one for 651 hectares of the “Chinotega” lot located between San José de Bocay, in Jinotega, and Siuna, in the Northern Caribbean; the second for 36,610 hectares of the Nuevo Bijagual lot, located between the municipalities of Siuna and Mulukukú, in the Northern Caribbean.
Another of the concessions corresponded to the lot called Río Dorado Sur, for an area of 483 hectares, located in the municipality of San Juan del Limay, in the department of Estelí.
