environment
May 9, 2026
Regime grants water concessions to mining companies sanctioned by the US
More than 217 thousand cubic meters of water were authorized for mining projects in Nicaragua. Environmentalists warn that the concessions benefit sanctioned companies and allow direct extraction from rivers and streams.
TL;DR
- Over 217,000 cubic meters of water per year authorized for two mining projects in Nicaragua.
- Concessions granted to Nicaragua Xinxin Linze Minería Group, S.A. and Linze Excelente Minería, S.A., linked to Chinese capital.
- Environmentalists highlight that the beneficiary companies have faced international sanctions.
- Authorizations permit direct extraction of surface water from rivers and streams.
- Concerns exist regarding compliance with environmental regulations and the impact on water resources and ecosystems.