The Chinese-owned company “Nicaragua non-metallic materials in a lot called Santa Rosa, of more than 9,100 hectares, located in Nueva Segovia, with the ingredient that this concession would be affecting private properties in two municipalities of that department.
The Ministry of Energy and Mines (MEM) of Nicaragua, through Ministerial Agreement number 047-SBT-M-028-2024, published in the Official Gazette number 220, of November 27, granted the Chinese company permission to explore and exploit minerals in the Santa Rosa lot, of 9 thousand 102.05 hectares. The concession is located in the municipalities of Jalapa and Murra, in the department of Nueva Segovia.
This is concession number seven granted to that Chinese company this year, and it already has a total of 54,055.76 hectares accumulated to exploit mainly gold.
Concession affects private properties
The mineral exploitation permit granted for 25 years to the Chinese transnational affects 4,605.37 hectares in the Segovian municipality of Jalapa and 4,496.68 more in Murra.
In this delivery, the MEM makes the reservation to the Xinxin Linze Minera Group that, as part of its commitment, it must “request permission from the owners of the land located within the Concession area prior to carrying out any mining activity.”
Likewise, it establishes that the Chinese must “negotiate and agree with them (the land owners) the terms and compensation for the use of the privately owned land and infrastructure where they must carry out the corresponding works,” which suggests that the concession to The Chinese affect private properties in the two municipalities in the north of the country.
In the same way, although it points out the impact on private properties, the MEN, in point three of the Ministerial Agreement confers on the holder of the concession, that is, the company from communist China, “the right of exclusivity for exploration , exploitation and establishment of benefit plants for the mineral substances considered in the Law and found within its circumscription.
The regime of Daniel Ortega, which has shown great favoritism with Chinese companies in mining authorizations, also establishes that “the concession constitutes a real estate right, different and independent from the ownership of the land where it is located, which can be transferred , transferred, divided, leased and merged with concessions of the same class.
Nicaragua XinXin Linze Minera Group, SA, has received mining concessions in Jinotega, Estelí, Chontales, the Northern Caribbean and now in Nueva Segovia.
