Minera china continúa cediendo hectáreas mineras a otras empresas asiáticas

Es la segunda vez que la empresa Zhong Fu Development S.A entrega concesiones previas otorgadas por la dictadura

Minera china continúa cediendo hectáreas mineras a otras empresas asiáticas

TL;DR

  • Zhong Fu Development S.A. has ceded mining concessions to two new companies: Tutuwaka Mining Company and Southern Mining S.A.
  • Tutuwaka Mining Company received the Tutuwaka lot (6,000 hectares) in El Rama, represented by Chinese citizen Kaiming Cheng.
  • Southern Mining S.A. received 9,300 hectares in El Rama and Muelle de los Bueyes, represented by Wu Chen.
  • These transfers were approved by Nicaragua's Ministry of Energy and Mines via ministerial agreements.
  • In total, over 61,000 hectares have been relinquished by Zhong Fu Development S.A. in recent days.
  • The new concession holders have four years to commence exploitation and are obligated to pay royalties and fees.
  • Nicaragua has granted over 700,000 hectares to Chinese companies in 2025 as part of its relationship with China.
  • Y.M. Mining S.A., Tutuwaka Mining Company S.A., and Southern Mining S.A. are new players in Nicaraguan mining with Chinese capital.
  • Concerns have been raised about the lack of certified experience and stock market listing for these new mining companies.